You don't have exercise the option straight away. Think of the option as the leverage play, if the share price increases by 20cent, your return will be 100% with options (option @ 10c) whereas if you purchase share @ 2.54 at market, your return would be less 10%.
Ann: WGB announces Bonus Issue of Options to all shareholders, page-57
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Last
$2.30 |
Change
0.020(0.88%) |
Mkt cap ! $817.0M | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.31 | $2.29 | $555.6K | 241.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4083 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 46776 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WGB (ASX) Chart |