Could probably get a loan based off the equity in the options or just sell the options on market for the going rate to someone that has the liquidity.
I'm assuming SUMO price will trail the SUM price by strike price + a small buffer, so SUM at $1 would price SUMO around 60 - 70c?
SUM next WA1, page-748
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.11M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.0¢ | $130.3K | 678.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35400 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.43pm 09/10/2024 (20 minute delay) ? |
| SUM (ASX) Chart |