Hi hellbilly, N27 trades options on the ASX . Code N27O and have an exercise price of 20c and expire Sept 2019. The options are trading today at 28c . You can buy the options on the ASX , pay the 20c exercise price to N27 and get issued a normal share . So today , if you exercised it would cost you , 28c for the option and 20c exercise ..total of 48c. On the 29th Jan , someone exercised 212,500 options at 20c , for a total of $42,500( 212,500 at 20c ) and received 212,500 shares. Every time options are exercised a 3B has to be released as the number of shares increase. Hope this makes sense.
Good luck.
Hi hellbilly, N27 trades options on the ASX . Code N27O and have...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.220M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 39315856 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7773937 | 16 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
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