Yes me !!.... Mine were free issued on a 1:2 basis some 18 months ago so I'm on a win win.....
I was thinking of cashing them in early and buying the heads......
But I'm not really excited at the current option trading price [see below] -
........and the pennant has disappeared as well !!...
Now I am going to run the Options into November and see what happens before the 30th.....
The exercise price - before the 30th November - is fixed at 20 cents.
If the heads go to 60cents I hope the Options will trade at 20+ cents
If that's the case I would have to sell three Options at 20cents to buy in one of the heads at 60 cents.......
Or I'll have to sell one head at 60 cents to exercise 3 Options........
If the heads become scarce as hens' teeth then the Options may go to 20, 30 or 35 cents....[35 + 20 is still only 55 cents!!...]
Current thinking is - I'm going to sell one head at 60 cents to exercise every 3 Options at 20 cents.......
GL to all Options holders !!..... - Oilf.
POK Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
