"Over-priced" - do you mean that the oppies are currently too expensive?
I presume that oppies holders are hoping that the share price will rise considerably. Then the oppies could be a good buy now.
ie Assume someone buys the oppies now at say 3 cents and assume the share price rapidly rises to ?30 cents. I understand they would have to pay 10 cents to convert to a full share. Profit would, I believe, be 17 cents if they sell the share.
This assumes that the share price rise occurs BEFORE 31 December.
Is this correct?
OXYgen
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.357M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1578354 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1346784 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1578354 | 0.004 |
7 | 5242427 | 0.003 |
2 | 835000 | 0.002 |
12 | 7802106 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1346784 | 4 |
0.006 | 461008 | 1 |
0.007 | 1457000 | 2 |
0.008 | 200000 | 1 |
0.009 | 30000 | 1 |
Last trade - 16.12pm 07/10/2024 (20 minute delay) ? |
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