I now doubt if management would release any major drill results before options get priced. It is in their interest that the options get priced at an attractive level so that most of them get exercised over the next 12 months and ARL receives $20m odd in cash.
If instead they release any positive drill results now ..then ARL would rally ...making option exercise price expensive. $1 or lower is a good exercise price for the options I believe. Therefore, the stock price should be capped below 80c until May 9th (given the 25% VWAP premium).
- Forums
- ASX - By Stock
- ARL
- 2017 Cobalt boom & 2018 Nickel boom?
2017 Cobalt boom & 2018 Nickel boom?, page-215
-
-
- There are more pages in this discussion • 272 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
-0.035(7.29%) |
Mkt cap ! $88.85M |
Open | High | Low | Value | Volume |
47.0¢ | 47.0¢ | 44.5¢ | $23.38K | 50.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19492 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.0¢ | 29528 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19492 | 0.435 |
1 | 1395 | 0.430 |
2 | 11190 | 0.420 |
1 | 10000 | 0.410 |
2 | 21000 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.460 | 29528 | 1 |
0.470 | 660 | 1 |
0.480 | 6811 | 1 |
0.485 | 20000 | 1 |
0.490 | 10000 | 1 |
Last trade - 11.40am 18/10/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |