ALR 0.00% 0.3¢ altair minerals limited

Ann: Appendix 2A - Exercise of options, page-4

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  1. 2,194 Posts.
    lightbulb Created with Sketch. 331
    Yep
    options trading at 1c
    excise also 1c
    therefore total costs 2c to buy the option and convert it into a share... But the shares are trading at 1.7c, therefore options are currently at a premium compared to the share price

    typically that premium relates to time. Chkoa are long dated so higher chance of being in the money
 
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