Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
I think I know what part means..... If the SP is over .69 AAZ buys the 630m shares at .69 even if is 1p. Due to him having (Paid ) 1.1m the share price has to be over .869 so WHEN its 1p he will already be in profit as he would have paid .69 + 1.1m.
Think that answers your question?
From investopedia.....
Strike Price
The strike price determines whether an option should be exercised. It is the price that a trader expects the stock to be above or below by the expiration date. If a trader is betting that International Business Machine Corp. (IBM) will rise in the future, they might buy a call for a specific month and a particular strike price. For example, a trader is betting that IBM's stock will rise above $150 by the middle of January. They may then buy a January $150 call.
Contracts
Contracts represent the number of options a trader may be looking to buy. One contract is equal to 100 shares of the underlying stock. Using the previous example, a trader decides to buy five call contracts. Now the trader would own 5 January $150 calls. If the stock rises above $150 by the expiration date, the trader would have the option to exercise or buy 500 shares of IBM’s stock at $150, regardless of the current stock price. If the stock is worth less than $150, the options will expire worthless, and the trader would lose the entire amount spent to buy the options, also known as the premium.
My understanding... his 1.1ml is to have the option to buy at that price if its above the price.. he still buys the shares but at the price of .69p if the sp is 1p at the time he £££'s in. If however its below .69p then he looses his 1.1m and can't but the shares.
Crossing fingers and hoping isn't going to move the SP to 1p...... Good solid RNS delivering that KO punch is going to do that!
I can imagine AZ grinning in Milan at the news he's going to deliver in the coming weeks.
Why do people feel the need to say they’re out?
Don’t get it, who gives a s*1t.
Go, take your losses elsewhere.
JN has only been here for a few months “The company is debt free” and he’s making investments in a diverse way. I’m glad he’s spreading the risk and not putting all his eggs in one basket.
It’s not a massive investment but for me it’s a good one. He still has £’s to invest, we still have news shortly, details of new employees and I bet this isn’t the last investment this year!
To all new/Old, and potential future investors... SYME has been under attack from a lot of negative/ organised derampers with agendas for weeks.
Some people have wobbled, unfortunately some sold at a loss whilst others have held tight through this constant attack.
Please be VERY AWARE of all these ‘good Samaritans’ I can see them popping up today with one or 2 post history trying to SAVE you from wasting your money by buying in now :-)
‘They are Sheep In Wolves Clothing’
The truths is if you are buying in now you’re getting a bargain, even with a 10% rise today.....
Please don’t take my word for it either, read the RNS and watch yesterday’s video release and if you’re happy invest and sit back to enjoy the journey.
BIG POSITIVE NEWS IS COMING!!!!!
Little_ears = white noise....46 post on SYME all negative, not invested....... funny :-)
“ Whilst this decision has put back slightly the date of completion of the first issuance, the opportunity to form an ongoing partnership with the Investor will provide valuable benefits to SYME, both in the short and long-term.”