I add to that last post that if you hold say 1 mill oppies and they are getting close to the expiry date, if you dont sell and decide to convert to heads you have to pay 16 cents
per share x 1 mill = $160,000.
So you have to keep a close eye on yoru profit and expiry date
We have along time stil to go, so a degree of safety. but in another 18 months, if they were the same price (3cents)
Then you would rate the risk higher.
CB
surprise, page-23
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |