Talga is essentially a call option - heard that saying by others on here before, below is why
Current share price
- p = probability of SC Decision in our fav
- And let's say SP is $1.80 if SC decision is in our fav (what it was prior appeal)
- Let's say SP is $0.10 if SC decision against us
p x $1.80 + (1-p) x $0.10 = current share price of $0.47
Implies p = 21%
Option
Now what does that look like for an option
Downside = no loss
Upside = 1.80
21% × 1.80 = 37c
If each option is 37c, then the value loss is 1/8th = 4.6c
I'm expecting it to drop around 5c on the ex date (around 10%)
Q.E.D.
TLG - Media, page-16367
-
- There are more pages in this discussion • 268 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 TLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
38.0¢ |
Change
0.015(4.11%) |
Mkt cap ! $162.9M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.5¢ | 36.5¢ | $227.9K | 604.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10166 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 72299 | 3 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| TLG (ASX) Chart |