Quote Originally Posted by justakiwi View Post
I'm not sure if you're being sarcastic or not - don't know you well enough to judge that yet, but 500 warrants at $0.065 = $32.50 plus $30 brokerage = $62.50. If I decide not to exercise them down the track, that's what I've lost (wouldn't be worth selling them). If I do decide to exercise them at (who knows) say $1.22 and the share price is around what it is now, then I can add an extra 500 shares to my Kingfish holding, for around $600. Which means a few more "bonus" shares at dividend time.

I'm a beginner. I am trying to get my head around my options and weigh up the pros and cons of any action (or inaction) I take. This just seemed like a way to add to my holding without paying market prices.

Of course, I could be blonder than I thought and all of this could be a really bad idea.
If others thought it was a good idea they would have already done it