Slight edit:
"But its not that simple... as in sometimes the WCNOE trades below the cost to exercise and sometimes above. Depending on the confidence of people purchasing the options and also the supply and demand (liquidity) of them."
What I mean as sometimes the difference between WCN and WCNOE is less than 1.5 cents and other times its greater than 1.5.
Its not always static as per my example above. If its at a discount which is now and you wanted to sell the WCNOE and price is fairly static sometimes worth converting to share then selling.
.
If the difference is less than 1.5 between WCNOE and WCN and you want to sell then that's great as you make more money.
.
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WCN
white cliff minerals limited
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2.2¢

WCNOE options, page-7
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $53.09M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $55.84K | 2.462M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1490990 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1254311 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1490990 | 0.022 |
19 | 4439008 | 0.021 |
31 | 5410037 | 0.020 |
10 | 3948122 | 0.019 |
9 | 5575556 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1254311 | 6 |
0.024 | 4650000 | 4 |
0.025 | 1963219 | 6 |
0.026 | 1937009 | 7 |
0.027 | 3070149 | 7 |
Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
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WCN (ASX) Chart |