VIL 0.00% 1.6¢ verus investments limited

lol 0% chance of extension on options.they will lapse worthless...

  1. 254 Posts.
    lol 0% chance of extension on options.

    they will lapse worthless if vil is <10c

    instead they would issue new options with new expiry and excise price, or if funds are needed use debt or equity finance.

    fpo's have doubled since i first bought and the options are up 30%.

    i would be careful as many people on this forum have been giving out some incorrect information regarding the options.

    others like atlam who appear to be buying well out of the money options on short expiry for the first time are just out of their depth.

    stick with the fully paids especially if you are new to options.

    10c + your entry price to VILO

    is what you need the ordinary stock to be at to BREAK EVEN.

    i.e. 11.2c June 30th.

    you would really want to have a view of VIL 15c+ to get involved in VILO imo

    or perhaps wait till ordinarys hit around 9c or 10c and you may be able to get VILO for 2c or so with a couple of months gamble left in them.

    stick with VIL novice investors

    DYOR

 
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