Maybe I am confused by what you are trying to say, but I think you have misunderstood what I meant. If I had bought SYARA on market at 0.002, then my minimum buy order needed to be 250,000 for commsec to allow me to place the order. If I had done that, then I didn’t necessarily need to exercise them all by paying the $12,750 to SYA; I could have let some lapse or sold them back on market before the exercise date. Regardless, my issue was was that I wanted to purchase about $5,000 of SYA at 0.051, thus I wanted to exercise approximately 100,000 ‘entitlements’, but commsec wouldn’t allow me to purchase only 100,000 because it required the minimum buy order to be $500, which was 250,000 entitlements at 0.002. My point is that it makes it difficult for retail investors to purchase a smaller amount of options on market as it requires you to purchase $500 worth, which may actually be tens of thousands of dollars worth to exercise only $500 worth of entitlements.
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $257.3M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.4¢ | $628.0K | 24.67M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 6637622 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 2128940 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 6637622 | 0.024 |
20 | 6468720 | 0.023 |
14 | 2757005 | 0.022 |
13 | 3581067 | 0.021 |
38 | 8519814 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 2128940 | 6 |
0.026 | 4142752 | 15 |
0.027 | 4073247 | 21 |
0.028 | 4177096 | 16 |
0.029 | 5356862 | 23 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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SYA (ASX) Chart |