You don't have exercise the option straight away. Think of the option as the leverage play, if the share price increases by 20cent, your return will be 100% with options (option @ 10c) whereas if you purchase share @ 2.54 at market, your return would be less 10%.
Ann: WGB announces Bonus Issue of Options to all shareholders, page-57
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Last
$2.20 |
Change
0.000(0.00%) |
Mkt cap ! $781.5M | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.23 | $2.20 | $314.4K | 142.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 339503 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.22 | 2364 | 1 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| WGB (ASX) Chart |