Hi @K23 - with Options you have two paths you can take:
1. Sell the Option at its current market value (currently 9c) and take the profit. This will, of course, depend on what you paid for it. If it was issued to you as a shareholder as a bonus for buying into the last cap raise, then cost base is zero)
2. Exercise the option at the strike price (20.5c) to obtain a fully paid ordinary share (currently 28c).
The only trick with exercising options is that you often have to email the request to your broker. Depending on your trading account you may not see the feature to exercise the option at all and only be able to sell it as an option.
Give your broker a call to clarify. It's pretty straightforward.
- Forums
- ASX - By Stock
- Ann: Brisbane Resources Lunch Presentation
Hi @K23 - with Options you have two paths you can take:1. Sell...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LGM (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.20M |
Open | High | Low | Value | Volume |
22.0¢ | 22.0¢ | 22.0¢ | $444 | 2.018K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38833 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 85271 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 38833 | 0.210 |
1 | 5500 | 0.205 |
2 | 11305 | 0.200 |
2 | 41000 | 0.190 |
2 | 45488 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 85271 | 2 |
0.230 | 12700 | 2 |
0.240 | 6163 | 3 |
0.245 | 36085 | 2 |
0.250 | 47000 | 1 |
Last trade - 10.32am 08/10/2024 (20 minute delay) ? |
Featured News
LGM (ASX) Chart |