Lets say you buy the rights for $10k, That is 1,587 units.
If the share price goes to $30 in the next couple of years. You will have to spend another $10K to exercise those options. Investment $20K, value of stocks over $45K. ($25K profit)
If you buy in the market today with $11, you will 909 units for $10K. At $30 a share you will have $27K value. Profit of $17K.
I might be completely wrong but can someone clarify only risk here is if share price drops below $6.50?
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Open | High | Low | Value | Volume |
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5 | 25824 | 0.820 |
3 | 94286 | 0.815 |
3 | 22000 | 0.810 |
5 | 32625 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
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0.840 | 32084 | 3 |
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