Those carrying options from original issuance would most likely be selling given massive profit from the strike price!
i.e. pay 15.5c to convert into shares and sell on market for ~70c.
If the option was acquired/bought on market pre US deal say around 25c, the cost would be roughly 40c. 25c+15c strike = 40c. Still a decent profit.
I am not suggesting everyone will dump the converted shares straightaway. However, generally it is the case with free carried option
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Last
51.0¢ |
Change
-0.015(2.86%) |
Mkt cap ! $300.1M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 53.5¢ | 50.5¢ | $1.463M | 2.838M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 217 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 18302 | 2 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| DXB (ASX) Chart |