ENV 4.76% 2.0¢ enova mining limited

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

  1. 1,043 Posts.
    lightbulb Created with Sketch. 441
    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
 
watchlist Created with Sketch. Add ENV (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $19.15M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $119.8K 5.825M

Buyers (Bids)

No. Vol. Price($)
10 2438630 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 1133018 7
View Market Depth
Last trade - 12.51pm 30/04/2024 (20 minute delay) ?
Last
2.0¢
  Change
-0.001 ( 7.14 %)
Open High Low Volume
2.1¢ 2.1¢ 1.9¢ 6217055
Last updated 12.51pm 30/04/2024 ?
ENV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.