Strange difference between SGA and SGAO - why are people ignoring the options?
A 25 cent exercise payment (before Nov 2024 for the options) means they are trading at a current cost of 0.425 now yet the shares are offered at 0.465-- 10% more expensive. If the company can extract the graphite economically they are both worth the same- but if non-economical (which I do not expect) then the risk is lower. buying options.
I paid a premium when I bought the options (because I wanted to spend less now but buy more potential SGA later) so I do not understand the disconnect-- but I am happy to have a much bigger potential than if I had bought SGA instead. Cheers.
Ann: Battery Anode Product Strategy Driven By Premium Pricing, page-52
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Mkt cap ! $17.53M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 21.5¢ | $19.22K | 85.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 10476 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 23.0¢ | 80487 | 3 |
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| Last trade - 15.43pm 07/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 21.5¢ | 22.5¢ | 21.5¢ | 16723 | ||
| Last updated 15.21pm 07/06/2024 ? | |||||
| SGA (ASX) Chart |