$100K buying OPTOB at 12 cents, you are getting 83,3333 options. once the share price raise to $2, you need pay $1for each 83,3333 option to convert into shares. that means you need to pay $83,3333 in order to get another $83,3333 profit. the total cost base is $833333+$100000, that is almost one million. your calcualtion is wrong. Buying share at the moment is still the best choice in order to get maximum profit
Ann: Security Class Reinstatement to Quotation- OPTOB, page-87
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Last
87.5¢ |
Change
-0.035(3.85%) |
Mkt cap ! $1.077B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 94.0¢ | 87.0¢ | $3.470M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5491 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 23622 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| OPT (ASX) Chart |