matrixman, you have stated very clearly in the past that GPN has no value, so your question is nonsense.
With the shares trading below 3c (2.3c), the options obviously have no present value. However, the present market price is 1c, a premium of 1.7c! Obviously, option holders believe there is a realistic chance of the shares being significantly higher than 4c - otherwise they would have sold down to the buyers in the depth.
The calculation to determine better value should be easy enough for you to work out. Just start with present prices, pick future sps out of the thin air, deduct 3c for the exercise price & add a small premium for the options, & then see for yourself which investment would give the best % return if you made an investment in each unit at today's closing values. You should be able to ascertain at which price the fpo sp would need to be before the options were the better investment.
If you don't think the GPN sp will go something above 4c, then obviously there is no value in doing the calculations.
Your second question is also nonsense. There hasn't been enough turnover in the options to suggest than I had been dumping them.
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