GMC
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0.00% 0.6¢ gulf manganese corporation limited

Why would anyone buy the shares when you can buy the options?...

  1. tt2000
    2,345 Posts.
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    08/03/19
    09:59
    Post #: 37695223
    Why would anyone buy the shares when you can buy the options?

    You can buy GMCO for $0.002 and exercise later for $0.005 (by 21st April, if there was value).

    Who on earth would be buying shares at $0.008.

    With the market value of the options now approaching nil, I think we will see a convergence of the share price to $0.005.

    To say GMC need DSO is an understatement, I think their future depends on it.

    I also wonder if they've managed to realise that $75 which was due today...
    GMC Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
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Currently unlisted public company.

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