As EVGOA are currently valued a say 1.2 cents – we could assume...

As EVGOA are currently valued a say 1.2 cents – we could assume that 1.2 cents is being factored into the price of EVG – as both have 1 new option attached up to 18th December.

So ex options at close on the 18th ---- EVOA are worthless and EVG should drop by 1.2 cents.

That is of course if the market is operating efficiently --- which it most probably isn't.

Are the new options worth 2.5 cents? --- could well be --- but that is a hard call --- there are just too many variables out there.

From memory EVGOA traded up to 6 cents --- and having an exercise price of 25 cents were always 5 cents out of the money --- which is close to where the new options may start.

People love leverage --- in a rash moment – I bought some more at 1.2c the other day --- and options are not really my thing --- time value, like life has a way of evaporating before you know it.

If EVG perform according to plan --- it will be fairly irrelevant if you paid 0.2 cents or 1.2 cents --- if you eventually exercise at 15 cents.

We have plenty of sellers that keep appearing for EVG --- very few for EVGOA --- I suppose they are shares from recent placements.

This time next year it will be getting interesting --- its a bit of a wait ---

Regards – cy7