Thanks Anton. I'm not overly familiar with options, in fact UUVO are the first options I have ever bought! I have read the negative sentiment about the low strike price etc but could there be a strategy behind the low strike price that has positives for the company and shareholders? From reading the prospectus the company seems to have an aggressive mindset in expanding their customer base and improve their product range and capabilities. A low strike price may mean more money flowing to the company in the near term which would keep the upwards pressure on their expansion while reducing the need to raise additional capital. Quick growth in their customer base should lead to a quicker growth in revenues and the share price. Anyway, would like to hear the thoughts of others.
Cheers
UUV Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held