Awesome arbitrage atm. It's just that you'll need to have available cash to pay for the new shares. And most of us don't have that. If I was a fund manager I know what I'd be doing today. As you suggested debono. Hoover up options which are selling for virtually no cost and convert.
Anyway two more days to go. The tail is wagging the dog atm which is tying down the FND share price. imo FND should rebound past a dollar on Monday.
Awesome arbitrage atm. It's just that you'll need to have...
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Last
$3.68 |
Change
0.130(3.66%) |
Mkt cap ! $179.5M | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.83 | $3.55 | $967.8K | 259.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 727 | $3.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.75 | 4624 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$3.73 |
Change
0.130 ( 4.35 %) |
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| Open | High | Low | Volume | ||
| $3.60 | $3.84 | $3.60 | 19652 | ||
| Last updated 15.57pm 07/06/2024 ? | |||||
| FND (ASX) Chart |