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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Bullboard Posts
Comment by schottchris1on Aug 11, 2014 2:05pm
187 Views
Post# 22829139

RE:RE:RE:I would have

RE:RE:RE:I would have
Your rights ALLOW you to buy additional shares as a FIXED price for 6 months.

The shares aren't free....the OPTION to bud ADDITIONAL shares a a FIXED PRICE is free.

If they set the price at $.25 - and you can exchange 1 option for 1 shares - and the price of the shares is $.43....the OPTIONS shoudl trade with an intrinsic value of $.18 each ($.43-.25=$.18). THATS FREE.
Bullboard Posts