"Anyone have an opinion on these options being exercised? The latest batch today is 200k, not an insignificant amount."
I don't have a strong opinion, mostly because 200k is an insignificant amount (being less than 0.2% of stock on issue).
Why are the options being exercised? These options are not listed and can't be traded, so I would guess that the owner has the cash and wants to be in a position to act as we enter into a period where there is likely to me price movements driven by new information.
I doubt that these shares will be traded before information is released, unless the executives/board member who hold them are up for some jail time.
All the best.
"Anyone have an opinion on these options being exercised? The...
Add CYP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.21M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 22.0¢ | $14.22K | 63.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30215 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 20393 | 2 |
View Market Depth
| Last trade - 14.56pm 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
22.5¢ |
Change
0.000 ( 4.26 %) |
||||
| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.5¢ | 2600 | ||
| Last updated 14.34pm 08/05/2024 ? | |||||
| CYP (ASX) Chart |