Ok here are the dates for potential new expiry. What are your plans around option trading/covnersion?6/05/21 Day 1 of trading above 78cents
2-3 /06/21 Day 20 of consecutive trading days
Notice of occurrenceof accelerated trigger has been reached - letter within 5 business days
4th-9th/06/21 Letter by company issued
+ 22 business days from letter to new expiry
6/07/21 Earliest New Expiry
9th-12th/07/21 Latest new expiry
Can we still tradeoptions (buy and sell) between 4th june and New Expiry (6th or 12th July)?
For those with200,000 or 400,000 or higher as I haveseen in here, are you planning to exercise whole option holding? i.e. front$100,000 or $200,000 or higher for the conversion?
If no and there is asignificant sell off on options to pay for head conversion, wouldn't you expectsome people to be caught out if they had bought the options more recently?
There is already alarge sell volume (>2mill options) compared to 319k buy volume alreadyqueued.
Is it just me thatsees some concern here for large oppie holders planning to convert only aportion of their holdings and then try sell the rest resulting in a flash sale for both DYL and DYLO as we approach new expiry date?
Or conversely are you hoping for a big run up of both SP and option price before new expiry (which can happen easily over 6 weeks) and will hold out until the final days?
@ura_bull , @overunder and others with large holdings I am keen to hear your perspective
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Last
$1.51 |
Change
-0.030(1.95%) |
Mkt cap ! $1.459B |
Open | High | Low | Value | Volume |
$1.53 | $1.53 | $1.48 | $5.703M | 3.790M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 33113 | $1.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.51 | 23101 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 196 | 1.495 |
2 | 14676 | 1.490 |
5 | 95097 | 1.485 |
5 | 51112 | 1.480 |
4 | 61260 | 1.475 |
Price($) | Vol. | No. |
---|---|---|
1.505 | 23101 | 1 |
1.510 | 23913 | 3 |
1.515 | 19756 | 3 |
1.520 | 27007 | 3 |
1.525 | 89597 | 4 |
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