EMS 6.25% 1.5¢ eastern metals limited

a quick thought, page-7

  1. 1,893 Posts.


    Burg you are right in your view about the shares having to be near 10 cents to give the options any real chance - Why? - because I suspect that a majority (possible vast) will not want to pay the money to convert their options and so will be wanting to sell them at a discount in order to re-coup their money - with that many options on the market within a 2 week period they could still only bring 3 cents even if the heads are 10 cents

    For me I again have no option but to take up a priority option if granted because that is truly the only way I can get my money back or get close to it

    Clyde
 
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