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2.86% 3.4¢ black rock mining limited

BKTOD expire on 30-Nov-18 BKTOD only become normal shares on (or...

  1. ddzx
    28,706 Posts.
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    01/05/17
    09:50
    Post #: 24373095
    BKTOD expire on 30-Nov-18

    BKTOD only become normal shares on (or before) 30-Nov-18 is you pay an extra 7.5 cents

    therefore, if the BKT share price is 5 cents at 30-Nov-18, any BKTOD will expire worthless & you will lose all of your investment in BKTOD (since it would be cheaper to buy BKT shares for 5 cents each on market than exercise your BKTOD options for 7.5 cents each)
    Last edited by ddzx: 01/05/17
    BKT Price at posting: 9.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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