So basically I could either 34c for some OXX. Or buy some OXXR for 9-10c, pay the first call of 5c and then eventually pay the remaining two calls of 10c each, and therefore making the total cost 34-35c the same as purchasing heads.
The benefit being that if for whatever reason OXX goes down the toilet you can decide not to pay the additional 10c calls and you also get the additional leverage early on.
Will OXXCA trade?
OXX Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held
