AXM 0.00% 1.1¢ apex minerals nl

If the options are out of the money, and unlisted, then they are...

  1. asf
    9,888 Posts.
    If the options are out of the money, and unlisted, then they are just paper. If they become in the money, the money goes to the company, so it gets re-funded cyclically. Imagine being able to afford to convert 600m options, and what that could mean to AXM. The options are better than paying cash, imo.
 
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Currently unlisted public company.

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