@TrayonRanger
I would have to weigh all options up to get my head around that one. I guess, if there was a sudden spike in the SP of heads, allowing for very nice profit then it could pay off. Especially if the share price looked stable at the high and would not increase much further for some
time.
Using that profit to pay for the option conversion would make sense. It’s not really robbing Peter to pay Paul, but more so transferring equity from Peter to pay for Paul. The equal value return after converting makes up for it.
I would not use my heads now though, as to sell enough of them at current value would be substantially robbing Peter IMO.
If the SP jumped to 10 to 15 cents I will do it. Otherwise I just prefer to use other stock.
Ah moves and counter moves.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.80M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $30.16K | 7.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 85 | 49580103 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 17688676 | 19 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| RDN (ASX) Chart |