the “strategy” will make sense for some people as long as the SP is above $0.75. It’s a little lick of the ice cream for them.
yes I understand the 20:1 entitlement - if it wasn’t clear, I was suggesting that someone with 100,000 shares might convert their 20,000 options and then sell 20000 shares.
for transparency, I will just sit on mine until expiry (or interim takeover).
Ann: Bonus Options Prospectus, page-69
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Last
$1.61 |
Change
0.000(0.00%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.66 | $1.60 | $207.2K | 127.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 25510 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 12000 | 1 |
View Market Depth
| Last trade - 15.49pm 29/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |