I propose this.
NDO do an option issue for its weary shareholders.
Forward eX date 6 weeks, to provide buying pressure.
for every 5 shares held, one option with strike price 5c, issued at cost 0.5c. Expirey 2015
Inherently, an option whose shares would be bullish to surpas that strike, would trade on a leverage out of the money ratio, 1/3 hence with an inhernet trade value of about 1/3 of 3.6c = 1.2c.
Thereby giving shareholders .7c in the trade money.
Better yet, buying pressure, might see the stock rally as holders keep the x date, and re settle ndo into the 4-5-6c, then the inherent value accends.
What about it?
- Forums
- ASX - By Stock
- NDO
- option issue
option issue
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Add NDO (ASX) to my watchlist
(20min delay)
|
|||||
Last
92.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $209.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55739 | 85.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
92.0¢ | 21270 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55739 | 0.850 |
1 | 4000 | 0.810 |
1 | 40500 | 0.800 |
1 | 663 | 0.755 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.920 | 21270 | 2 |
0.970 | 19999 | 2 |
1.010 | 989 | 1 |
1.050 | 115000 | 2 |
1.090 | 50000 | 1 |
Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |
Day chart unavailable