No, you own the TLGO which gives you the right to pay only 35c to get a full TLG share any time in the next 16 months, regardless of the price TLG may be.
If TLG are worth more than 35c then the Options have value, if TLG drops below 35c and stays there, your TLGO would be worthless.
At the moment you can sell your TLGO for 13c each on market.
People currently buying TLGO for 13c are gambling that they will be worth 48c plus sometime in the next 16 months.
I sold my TLGO for 19c - it doesn't make any sense to me that currently people are paying 13c for TLGO + will need to pay another 35c later (48c total) whentheyI can get the full TLG for 36c now.
Talga entitlement offer question., page-6
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Last
39.8¢ |
Change
0.013(3.25%) |
Mkt cap ! $170.4M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 41.0¢ | 38.5¢ | $176.5K | 441.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 17792 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1909 | 10 |
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| Last trade - 13.30pm 27/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |