It is a common theme that a company with options coming up to expiry have a shareprice depreciation as intending exercisers seek capital for the purpose .
I think you wrote that over a hundred million shares were going to be exercised or expire .....
They expire on New Years Eve so most retail owners will need to come up with the money before Christmas .
50,000 options will cost $10,000 to exercise just before Christmas .....
Last MLXO trade is out of the money atm, and there are only buyers for 100,000 options .
It is a fleeting issue in the scheme of things, because MLX for mid to long term investors looks cheap, but it may yet get cheaper .
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Last
61.0¢ |
Change
-0.015(2.40%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 63.5¢ | 60.5¢ | $1.232M | 1.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 36658 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 39559 | 4 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |