that's it, a few people talking about the amount of shares and last years placement, half the vol of placement traded this week on heads. ops don't really matter, if heads move the tail with eventually have to follow, if not you convert
many people don't understand ops. pretty simple, if heads move past .5 then ops in the money, which means you can pat the half cent and convert into heads.
with the 2 years time on them if heads went to day 1 cnet the ops (DMNOC) should really be 0.6 cent, half cent due to strike price, but 0.1 extra due to fact you can buy more for your buck. ie, pay less money for same exposure.
anyway time to think of other things and get back in to it Monday.
Hopefully Tuesday/Wed we will hear start of drilling or rig being set up. Don't expect anything 9.55 Mon.
DMN Price at posting:
0.5¢ Sentiment: None Disclosure: Held
