I'm very confident if a deal has not emerged that the oppies will drop in value in July.
Human nature dictates they will.
They'll be a month left on them before they expire worthless. Willing buyers pool will shrink.
Some holders will have the attitude, sink or swim and hold to the bitter end, if that arises.
Others will be starting to think, I'm exiting with some of my capital before they expire.
With so little time left, the only chance will be at a reduced price. Even then there is no guarantee there will be a buyer.
Could see a large number on the sell side at .001 and no one on the buy side.
Won't be the first time of seen that scenario with options.
Just clarifying, I'm not saying this is definitely going to happen. There is a chance a deal comes through.
Oppie holders will be roosters not feather dusters.
The closer to expiration date the more likely the choice to not be a feather duster will be made.
I'm still sticking with my thoughts of a deal no earlier than June. (Minimum 3 months for other parties to view data)
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $93.72M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.0¢ | $57.92K | 5.282M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1096517 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 6194756 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1096517 | 0.011 |
13 | 7847451 | 0.010 |
18 | 5820219 | 0.009 |
16 | 3905362 | 0.008 |
6 | 1063119 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 6194756 | 13 |
0.013 | 4734214 | 11 |
0.014 | 14656717 | 8 |
0.015 | 2903904 | 8 |
0.016 | 1013000 | 1 |
Last trade - 15.55pm 25/07/2025 (20 minute delay) ? |
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