Could someone explain how this options issue works?
I understand for 8 shares you get 1 option to exercise for 1 more ordinary share. Does the exercise price of $35 mean you purchase or sell that share at $35?
Also when issuing these options would it dilute shareholders?
Need a simple explanation for a peanut brain.
Could someone explain how this options issue works?I understand...
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Last
$8.50 |
Change
0.070(0.83%) |
Mkt cap ! $1.536B | |||
| Open | High | Low | Value | Volume |
| $8.48 | $8.52 | $8.38 | $8.209M | 968.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2506 | $8.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.51 | 1000 | 1 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| MFG (ASX) Chart |