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1.7¢ ragnar metals limited

Ann: Change of Director's Interest Notice - Steve Formica, page-8

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Joannie

11,287 Posts.

671

12/08/21

14:44

Post #: 55238301
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Originally posted by Mahony: ↑

The only options listed are RAGOC which are in the money

RAGOC have a exercise price of 4c
Currently offered at 1.7
Pay 1.7c plus the exercise of 4c = 1.7c +.4c = 5.7c
Current intrinsic value is only .05c so paying 1.2c for time value

People punt on the options for leverage pure and simple
risk is they can get illiquid
other risk is stock options trade at a discount when in the money

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Dear Mahony,

Thank you for that explanation.
One more question if you don't mind.

I got the feeling that one oppie would enable you to buy a larger number of shares?
Perhaps I am mistaken here again.

Thank you for giving your time so generously.

RAG Price at posting: 4.5¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $8.058M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.7¢	$10.24K	602.5K

Buyers (Bids)

No.	Vol.	Price($)
2	934142	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	828922	3

View Market Depth

No.	Vol.	Price($)
2	934142	0.017
1	62500	0.016
2	1002000	0.015
1	250080	0.012
1	500000	0.001

Price($)	Vol.	No.
0.018	828922	3
0.019	700286	2
0.020	397558	2
0.021	346438	3
0.022	427564	2

Last trade - 14.34pm 11/06/2024 (20 minute delay)

RAG (ASX) Chart