SXP sapex limited

sxp options

  1. 3,715 Posts.
    Hi all,

    I was just looking over this - can anyone explain to me please why there is such a premium on the options?

    I understand that the company prospects are good, options give you more leverage for your $ and that they expire in 2012, but why such a large premium that puts the share price at 37.5 when they are trading at about 24?

    Thanks
 
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