If you were to buy TNGO on market now at 6.5c for you will also paying a further 8c when the options are excised in July. 6.5c + 8c= 14.5c.
The advantage is you can have double the amount of shares instead of paying the now sp of TNG @ 14.5/ 15c. But remember if TNG go south of 8c you lose big time come excise time.
I believe thats how it works mate.
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Last
4.9¢ |
Change
-0.002(3.92%) |
Mkt cap ! $86.66M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 4.8¢ | $28.05K | 562.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 713758 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 82864 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 713758 | 0.048 |
7 | 316638 | 0.047 |
5 | 546078 | 0.046 |
6 | 456688 | 0.045 |
3 | 1297295 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 82864 | 1 |
0.051 | 1359 | 1 |
0.052 | 304986 | 1 |
0.053 | 39001 | 2 |
0.055 | 111500 | 2 |
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