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
$9.49 |
Change
-0.020(0.21%) |
Mkt cap ! $1.715B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.72 | $9.44 | $6.956M | 729.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11092 | $9.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.50 | 1226 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |