Pay 6c for 1 share + 1 option.
Sell share for 5.9c.
Left with 1 option at cost of 0.1c.
Share price rises to $1.20 and options to $1.00.
1,000 bag return on 0.1c investment.
The real question we should be asking is why are people paying 6c for shares on market now when they could have paid the same amount a week ago and received the free option?
Ann: Entitlement Offer Closes Raising $4.18 million, page-16
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EM2 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70000 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 27198 | 1 |
View Market Depth
| Last trade - 10.45am 26/07/2024 (20 minute delay) ? |
| EM2 (ASX) Chart |
Day chart unavailable