If conversion price is 2c then why would anyone buy options on market at 1.4c which means you end up paying 3.4c per share when actually they are 2.4c on market? It doesn't make sense. Options too expensive even when factoring the fact that you get more units per dollar, right now options should be no more than 1c the most.
If conversion price is 2c then why would anyone buy options on...
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $54.30M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $10.68K | 485.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 799999 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 484813 | 4 |
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| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
-0.001 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 701410 | ||
| Last updated 15.59pm 10/06/2024 ? | |||||
| ADO (ASX) Chart |