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[sharechat] AQLOA,RITCHIE.


From: michael trafford <MIKETR@xtra.co.nz>
Date: Fri, 05 May 2000 17:02:28 +1200


I agree with your logic with regard to options bought and sold prior to
exercise date.
HYPOTHESIS
AQL bought yesterday at 7 cents and sold at a possible 40 cents
pre-exercize = 40/7=5.7 capital gain.
AQLOA bought yesterday at 1.7 cents and sold pre-exercise =
20(40-20)/1.7=11.76 capital gain.

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