52,237,043 Quoted Options ($0.054; Expiry 8 December 2019)
These options can be found under TNOO ? Are they just traded as "shares" and to convert these to ordinary shares you have to pay 0.054 ?
What is the current price to buy those options today ? 0,005 ?
If sp goes to 15 ct then i assume the options are also more expensive to buy if traded like normal shares, say the options will be then 10 ct but of course you still have to pay the same $0.054 to convert to ordinary shares. Am i correct or do i miss something ?
So i assume you buy TNO options cheaper then the current sp and when sp raise 50 % form here the options will go 100% is that right, thanks for any reply