You don't make a profit when you convert an option. You make the...

First 39 Last

Share
Profile

Follow
BoroBoyinoz

2,227 Posts.

72

23/03/18

12:13

Post #: 31977460
Share

Originally posted by rigormortis ↑

Apologies to all if my sense of humour was taken as flippant. I value your responses. It appeared to me that someone associated with the company felt pressed to exercise those options now and provide necessary capital for the company rather than achieve even greater personal gain by waiting for a higher share price (although $1M ain't bad). That someone may have a large share holding and stands to gain more by the company succeeding rather than by profiting from some options. If so, it is a signal that the company is in need of capital, at least temporarily. That is why I interpreted the episode as a "capital raise" (although not technically the correct term) as did the market judging by its reaction.

Expand

You don't make a profit when you convert an option.

You make the profit if any when you sell the share.

Reason people are taking you the wrong way is because what you were saying did not make any sense. IMHO

NUH Price at posting: 10.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Expert Exchange: David Sokulsky on AI trade, chip stocks, and where to invest now

GRE

GreenTech Metals readies for Munni Munni and Whundo drill programs

OSL

OncoSil Medical files for US FDA approval for specialist device

PSC

Prospect reshapes its Mumbezhi story with 'folded paper' and a 400m gamble

ADVFN appoints Jason Paltrowitz as non-executive director

FG1

Flynn Gold's maiden drilling confirms extensive system at Silver King

HotCopper Highlights: Stakk, Northern Star and Imugene dominate discussion

AS2

Askari Metals outlines its African growth strategy and the pathway to drilling at Nejo

PUR

Pursuit Minerals kicks off drill hole three at Rio Grande Sur lithium project

LISTEN: HotCopper Wire Podcast #052 – Finger lickin' not so good

First 39 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

You don't make a profit when you convert an option. You make the...

Top Stories

Expert Exchange: David Sokulsky on AI trade, chip stocks, and where to invest now

GreenTech Metals readies for Munni Munni and Whundo drill programs

OncoSil Medical files for US FDA approval for specialist device

Prospect reshapes its Mumbezhi story with 'folded paper' and a 400m gamble

ADVFN appoints Jason Paltrowitz as non-executive director

Flynn Gold's maiden drilling confirms extensive system at Silver King

HotCopper Highlights: Stakk, Northern Star and Imugene dominate discussion

Askari Metals outlines its African growth strategy and the pathway to drilling at Nejo

Pursuit Minerals kicks off drill hole three at Rio Grande Sur lithium project

LISTEN: HotCopper Wire Podcast #052 – Finger lickin' not so good

Featured News