the following is just my opinion.
purchase 500k lpdrb at 0.004c plus conversion of 2.9c equals $16500 cost
at 3c share price thats (including option value assuming 1.2c value) $21,000 - $16500 cost = $4,500 profit
at 4c share price thats (including option value 2c value) $30k - $16500 cost = $13,500 profit
so if you believe the share price is going to 4c by buying lpdrb and converting now you essentially double your money almost
if the share price stays at 3c you still make 30% profit on your investment.
ofcourse the higher the share price the bigger the profits.
only reson you would sell your lpdrb now is if you cant afford to convert them, but they are presenting great value in my opinion even at much higher prices then 0.004c
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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49 | 15823644 | 0.5¢ |
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Price($) | Vol. | No. |
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31 | 20534382 | 0.004 |
18 | 18054774 | 0.003 |
7 | 17388888 | 0.002 |
8 | 18500000 | 0.001 |
Price($) | Vol. | No. |
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0.007 | 10592192 | 29 |
0.008 | 4919817 | 16 |
0.009 | 5641611 | 19 |
0.010 | 3409695 | 10 |
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