NLX 0.00% 6.4¢ nylex limited

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  1. 7,157 Posts.
    lightbulb Created with Sketch. 160
    re: oppies although towie can you explain this..

    Oppies currently 2.4c

    2.4 X 40 = 96c

    Strike price 4.6c

    4.6 X 40 = 184c

    Heads 5.7c

    5.7 X 40 = 228c

    so if I buy 100k oppies at 2.4c = $2,400

    post tomorrow I have 2,500 at heads minus strike price = 42c X 2,500 = $1,050

    In other words my $2,400 becomes $1,050 overnight.

    Doesn't look so sexy like that

    EB
 
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