Options pricing seem a bit strange to me as well.
HGOOA is trading at 1.4c with exercise price of 3c and expiry of Sept 2017. Both options and shares have similar downsides if HGO does not survive (ie both are worth nothing), but options have a much higher upside if HGO survives and prospers through the next 6-8 months. Yet the options are only trading at a small premium compared to the current share price, ie you pay more or less the same to make the HGO survival bet.
Anyway, I picked up a few HGOOA at 1.4c today, let's see what the next 6 months have in store for HGO.
Why is the SP tanking????, page-7
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.9M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 6.2¢ | $385.2K | 5.964M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1408295 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 392626 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| HGO (ASX) Chart |