So, if I was given 2500 shares that I need to exercise, I need to BPAY Automic $650 for those 2500 shares to convert them from PAROA to PAR?
Is that also true for the additional 7500 I bought at $0.014? Would I need to pay $0.65 x 7500 to keep those 7500 shares or they become worthless and I've wasted $1,061.24?
Now on the other hand, should PAR remain below $0.65 by the time of expiry, I would have been better off just buying PAR shares at the lower share price, and I've therefore still wasted some money buying PAROA at the cheaper rate and having to exercise them into PAR shares?
Ann: Loyalty and Piggyback Options Program, page-517
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Last
33.5¢ |
Change
0.020(6.35%) |
Mkt cap ! $130.4M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 34.0¢ | 31.5¢ | $168.4K | 519.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 9999 | 1 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| PAR (ASX) Chart |