could someone please explain something to me please. Volume for srn and srnoc is almost identical, give or take a few mil. Why aren't people snapping up the options which are at a huge discount? Why buy the heads when you can effectively get the options at .021 and add .006 for conversion making them .027. it's a no brainer isn't it or am I missing something. Not sure why.
Is it because expiry of the options is so far away?
Also come 25th November when first lot are converted will that cause an avalanche of sales?
3.4c initial Target followed by 5.1c, page-170
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.90M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $98 | 14.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 12005283 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 12785047 | 18 |
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| Last trade - 10.51am 04/10/2024 (20 minute delay) ? |
| SRN (ASX) Chart |