Actually, Options are in the money at 2.1c for everyone who owns oppies, regardless of what they paid. Just say you bought oppies at 3.0c, if you convert at 2.0c and sell at 2.1c you have made a loss of 0.2c but if you don't convert and just let them lapse your loss is 0.3c (all ignoring brokerage).
In any case, there is a very good chance that before oppies expire in early March 2017 the heads SP could be around 3c so it is all academic then. All it will take is some decent assay result before end of February.
Highly undervalued, page-1217
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $532.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.0¢ | $2.403M | 12.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 426200 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 953934 | 9 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |