RCE recce pharmaceuticals ltd

Am I correct thinking that they need to pay $1.56 per option to...

  1. 5,482 Posts.
    lightbulb Created with Sketch. 705
    Am I correct thinking that they need to pay $1.56 per option to actually get the shares issued? If that is the case then one would think they would want the price well north of that value to stump up the cash to convert. Much better than just giving shares out I think. If they can get sp to $3 by then I certainly wouldn't begrudge them getting a big return.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
29.5¢
Change
0.005(1.72%)
Mkt cap ! $85.06M
Open High Low Value Volume
29.0¢ 32.0¢ 29.0¢ $25.73K 84.67K

Buyers (Bids)

No. Vol. Price($)
4 15688 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 4351 4
View Market Depth
Last trade - 14.55pm 25/06/2025 (20 minute delay) ?
RCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.