ARD argent minerals limited

Ann: Dispatch of Option Entitlement Issue Prospec, page-2

  1. sto
    74 Posts.
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    re: Ann: Dispatch of Option Entitlement Issue... I'm new to options and I was hoping someone will be able to help me out here.

    ARD are offering 2 options for each share held at 1c each, and with an excise price of 17.5c expiring 03/2016.

    I'm not clear on the advantage of buying future shares (via the options) at a cost of 18.5c (1 + 17.5c), when I can buy shares now <5c.

    What am I missing here?
 
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(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $31.81M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $33.88K 1.540M

Buyers (Bids)

No. Vol. Price($)
4 2736205 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1362927 6
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Last trade - 10.04am 27/06/2025 (20 minute delay) ?
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