HAS 1.85% 27.5¢ hastings technology metals ltd

Hi guys, hoping that someone can clarify a few things in...

  1. 45 Posts.
    lightbulb Created with Sketch. 130
    Hi guys, hoping that someone can clarify a few things in relation to the listed options (ASX: HASO) currently trading at $0.038. I understand that they have an exercise price of $0.25 and an expiry date of 12 April 2022.
    1. Is there a 1:1 conversion? (Ie one HASO option exercised for one HAS share)?
    2. Why is the intrinsic value of HASO ($0.038 + $0.25 = $0.288) trading at a significant premium to HAS shares ($0.21)?
    Thanks in advance,
    L
 
watchlist Created with Sketch. Add HAS (ASX) to my watchlist
(20min delay)
Last
27.5¢
Change
0.005(1.85%)
Mkt cap ! $49.72M
Open High Low Value Volume
27.0¢ 28.5¢ 27.0¢ $60.27K 214.5K

Buyers (Bids)

No. Vol. Price($)
1 10908 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 37279 3
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
HAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.