AGY 4.00% 12.0¢ argosy minerals limited

I don't think you got in late mate. You should be up now about...

  1. 62 Posts.
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    I don't think you got in late mate. You should be up now about 30%, not too shabby.

    There's been some discussion about the Oppies on other threads, so I'll reply here.

    The 20c ops expire Mar 31/22 giving owners the right (but not the obligation) to buy AGY at 20c up until Mar 31.

    From the Apr 2/19 Ann, there were 30,535,192 options issued (seems like a fair number), We should see
    trading activity pick up especially now that they are in the money (higher than 20c). Volume has also increased the last 4 days in a row. When (not if imo) they all get exercised, another 6.1m goes onto the ledger.

    Correct me if I'm wrong but when the sp closes above 20c on Mar 31, all of the options will be exercised. Why wouldn't they? Who in their right mind would miss out on an instant profit? Even if you couldn't afford to buy the shares, wouldn't the broker be able to buy the shares and sell them at the same time on the market?

    Cheers,
    GD
 
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Last
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Change
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Mkt cap ! $168.5M
Open High Low Value Volume
12.5¢ 13.0¢ 12.0¢ $235.2K 1.876M

Buyers (Bids)

No. Vol. Price($)
29 956840 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 19944 2
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
12.5¢
  Change
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12.8¢ 12.8¢ 12.3¢ 1090017
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