Forum Archive Index - May 2000

[Mike Nelson <bb2345@ihug.co.nz>]

A very good question. Perhaps the buyer knows more about the future value
of AQL than we all do. Whoever bought them has to either know or be punting
on the shares being worth more than 21.7c in four months time.
That's how it looks to me.

MN



At 07:23 AM 04-05-00 +0100, you wrote:
>I noticed that 203,300 AQLOA (options) were bought
>today at 0.017c each. To convert the options to shares
>in 4 months time (exercisable date) would cost a total
>of $44,116. You could have purchased 203,300 AQL
>shares today at 0.07c each for a total of only $14,231
>so where's the logic of buying options? Any Einsteins
>out there???
>
>Max
>
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