Some serious action on the options happening
Price is rock bottom at $0.001 - $0.002 with some huge orders (10-20m options) at $0.001
Wonder who this is at this price?
You would think someone with deep pockets could:
- snap up the options at ~$0.002
- buy the share at $1.10
- collect the dividend at $0.02 (immediate profit on the options)
- wait for share price to match NTA (currently ~5-6c discount on that)
- trick is the funding cost on the $1.10 needs to be less than the appreciation in the price (arguably it should recover in 2-3mths at most and should like WAM, appreciate more than the 5-6% discount)
Key issue is the deep pockets and time needed for share price to recover to at least NTA
- Forums
- ASX - By Stock
- WLE
- Ann: Appendix 3B - Exercise of Options
Ann: Appendix 3B - Exercise of Options, page-15
Featured News
Add WLE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.38 |
Change
0.005(0.36%) |
Mkt cap ! $1.885B |
Open | High | Low | Value | Volume |
$1.38 | $1.39 | $1.38 | $1.252M | 907.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 35312 | $1.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 3592 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 35312 | 1.375 |
6 | 86033 | 1.370 |
5 | 18070 | 1.365 |
7 | 290435 | 1.360 |
3 | 55000 | 1.355 |
Price($) | Vol. | No. |
---|---|---|
1.380 | 3592 | 1 |
1.390 | 194897 | 14 |
1.395 | 346471 | 5 |
1.400 | 409926 | 17 |
1.405 | 27753 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
WLE (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online