SLT 0.00% 0.7¢ select exploration limited

anybody has any sltoa for sale please?

  1. 22,691 Posts.
    Yes, we are running short of SLTOA options for sale.

    Alternatively bidders may have to upgrade their limits, I think.

    This is a post from yesterday:
    ________________________________

    Subject price of sltoa out of kilter
    Posted 08/09/04 10:32 - 57 reads
    Posted by stolwyk
    Post #361381 - start of thread - splitview

    This has been referred to before by others as well.

    "Shares: 31.6 mill. Options: SLTO (7.6 mill) to pay 80 cents on or before 1 Febr. 2007. Options: SLTOA (7 mill) to pay 20 cents on or before 31 May 2008".

    At the moment, SLT is about 52 cents and SLTOA is 32 cents. The difference or 20 cents to pay on or before 31 May 2008

    So, a person has the free use of the money till 31 May 2008 or nearly 4 years. At a rate of 8% , that is 7 cents saved for starters.

    A good reason why I bought SLTOA's some time ago.

    The cash on 30 June was $1.542 mill while the outflow in the preceding 3 months was $0.589 mill.

    Waiting for contracts to be signed as well.

    Gerry
    Readers, please do your own research and you decide if and when to buy, hold or sell any stocks. To visit archived posts, please use the Search button.
    ______________________________________

    Gerry






 
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