"Anyone have an opinion on these options being exercised? The latest batch today is 200k, not an insignificant amount."
I don't have a strong opinion, mostly because 200k is an insignificant amount (being less than 0.2% of stock on issue).
Why are the options being exercised? These options are not listed and can't be traded, so I would guess that the owner has the cash and wants to be in a position to act as we enter into a period where there is likely to me price movements driven by new information.
I doubt that these shares will be traded before information is released, unless the executives/board member who hold them are up for some jail time.
All the best.
"Anyone have an opinion on these options being exercised? The...
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $43.11M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.5¢ | $14.74K | 61.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 96221 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 24.0¢ | 23.5¢ | 6875 | ||
| Last updated 10.47am 03/05/2024 ? | |||||
| CYP (ASX) Chart |