274m CTPO options out there, at an exercise price of 16c = just over 20% of the company if they are all taken up.
Current buy price is 3.7c, so 19.7c per share if you were to want the shares & exercise now.
Was down at 2.5c for a while before last week, but with pretty high volume compared with normal - approx 50m traded in the last two weeks, at an average 'buy in cost' of approx 18.5c/share (but only costing 2.5c/share then).
Now whilst buying into 10% of the company at 8.5c/share would give a good chunk of control, if the buyer's expectation is for a very healthy move up over the next few days/weeks/months (i.e. SP more than 18.5c, CTPO in the money?) then buying CTPO in bulk would seem like a fairly good way to get 'control' of a large number of shares on the cheap - and/or make a huge profit also.
Is there such a thing as a register of options holders?! ;-)
Or I may just still be enjoying that Friday afternoon beer too much...
Either way, CTPO looks like a very, very good buy on open.
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $40.70M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.5¢ | $2.2K | 40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 67037 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 99998 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 67037 | 0.053 |
2 | 90023 | 0.052 |
1 | 100000 | 0.051 |
4 | 1211000 | 0.050 |
3 | 700979 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 99998 | 1 |
0.057 | 50426 | 1 |
0.058 | 172431 | 1 |
0.060 | 110909 | 2 |
0.062 | 112737 | 2 |
Last trade - 10.02am 21/08/2024 (20 minute delay) ? |
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CTP (ASX) Chart |
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CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
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