It appears that many of the option holders do not seem to have the required cash to convert to heads without having to sell some of the shares. And it obviously becomes a vicious circle because as they sell the shares, this drags down the price of the options even more exponentially and hence forcing them to convert even more.
With oppies, you always always need to have cash to convert. I hope this is a lesson for those - play with oppies only if you have the cash to convert and not have to raise money elsewhere.
- Forums
- ASX - By Stock
- MLS
- Ann: Excellent Lithium Intersections from Manindi Pegmatites
Ann: Excellent Lithium Intersections from Manindi Pegmatites, page-213
-
-
- There are more pages in this discussion • 198 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.08M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1071971 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 1102567 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1071971 | 0.018 |
6 | 1249703 | 0.017 |
6 | 1552937 | 0.016 |
3 | 1087466 | 0.015 |
2 | 300000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 1102567 | 5 |
0.021 | 549741 | 5 |
0.022 | 474311 | 2 |
0.023 | 76053 | 3 |
0.025 | 311782 | 3 |
Last trade - 10.04am 09/08/2024 (20 minute delay) ? |
Featured News
MLS (ASX) Chart |
Day chart unavailable