ENV 9.09% 1.2¢ enova mining limited

lol do you understand oppies. They should not trail the heads by...

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    lol do you understand oppies. They should not trail the heads by more than 1.2c. The only reason they do atm is because the market is unsure what the current s.p will settle on. The arbitrage that currently exists will not remain when the s.p settles. The price of the oppies plus the strike cost of 1.2c should in fact be at a premium to the s.p. Currently it is not by a fair margin. If the s.p settles at 4c then the price of the oppies should settle around 3c.


    Last edited by PJMac: 28/02/24
 
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