MTM 0.00% 6.9¢ mtm critical metals limited

Can anyone confirm that the exercise for the options MTMO is...

  1. 53 Posts.
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    Can anyone confirm that the exercise for the options MTMO is 0.25 (or 25 cents) or am I reading it wrong. If 0.25 is correct, why is there such a disparity between the heads and options price.

    Based on the current price of both, option holders converting now would effectively outlay 0.268 per share when it's currently trading on market at .10. Can anybody confirm this and if so explain why?
 
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