Appreciate your reply my friend - so just so I have got this straight - I can convert to fully paid shares by paying LRS the exercise price of 1.2c per share x 500k = $6k I would have to shell out and if I then sold on market (at todays price of 2.1c). I would make a net profit of 4.5k but if I simply sell the options on the market at todays sell price of 1.3c ea i would make 6.5k profit so wouldn't it just make sense to sell them on?. Not seeking financial advice just a confirmation that I have got it right - Cheers.
LRS chart, page-753
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Last
16.0¢ |
Change
-0.020(11.1%) |
Mkt cap ! $447.9M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $4.686M | 27.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2472953 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1202344 | 3 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |