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
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
-0.005(0.98%) |
Mkt cap ! $297.1M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 53.5¢ | 50.0¢ | $908.3K | 1.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23499 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 19076 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| DXB (ASX) Chart |