NOU 3.70% 14.0¢ noumi limited

Is the options tradable on market ?, page-4

  1. 110 Posts.
    lightbulb Created with Sketch. 9
    Hi, can someone please explain to me how these options work? I hold FNP shares and have been allocated a number of options. I have not paid for them yet. I understand that the purchase price is $0.98 and I can pay sometime before 2027. They are currently worth $0.076. If I sell. do I owe the balance? Can I buy more at this price and hope the price increases? How do they gain value?
    I have only traded shares up to now, so am completely confused with options. Please help!
 
watchlist Created with Sketch. Add NOU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.