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RE: [sharechat] ITC-ITCOD


From: "Gordon King" <gordon.k@clear.net.nz>
Date: Tue, 14 Mar 2000 11:43:59 +1300


If you can exercise the option immediately sounds like a money machine.
Brokerage account for the difference?

-----Original Message-----
From: owner-sharechat@sharechat.co.nz
[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Roy
Sent: Tuesday, 14 March 2000 11:24
To: sharechat@sharechat.co.nz
Subject: [sharechat] ITC-ITCOD


I note that the difference between the ITC options and the head shares is
greater than the excercise price?
Does this mean head share overpriced or option underpriced?



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