Furniture - I could have the maths wrong (I manage to get plenty wrong) but is the conversion price 20c? If so, 20c conversion + 25c cost = 45c. The heads closed at 46 on Friday. If it retraces (e.g. say 40c) then 20 - 25 for the oppies looks realistic - yes?
I wouldn't be paying a premium for the oppies - well that's me.
Why would one grab that parcel at 40c when you can buy the heads for 46c? Of course, this assumes Friday closing price as the basis for the calculations here.
Just my opinions and speculation.
Sell MTA buy MTAO, page-51
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WTM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $60.54M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 30.0¢ | $58.17K | 192.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 142929 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 38860 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| WTM (ASX) Chart |