Same as rmxo except longer term. You can either sell them like shares at a profit if they go up, or exercise them (pay strike price per share per option) and convert them to RMX shares
Hypothetically if RMX was 10c a share, and you had 1 rmoxa purchased at 0.008 (for simplicity's sake) you can exercise it and make 6.2c profit:
Sp - (option price + strike price)
Or
0.10 - (0.008 + 0.03) = 6.2
Correct me if I'm wrong & dyor
rmxo, page-8
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.873M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $501 | 500.5K |
| RMX (ASX) Chart |