ME1OD will have an exercise price of $1.6.
Eg you have 1,000,000 options worth $10k AUD currently. With the consol that will change to 50,000 and the sell price will very likely return to 0.001. So your $10k AUD is now $500AUD. Having a $10K Capital loss would have been a far better result.
Absolute criminals this lot.
Ann: Consolidation/Split - ME1, page-5
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $918.7K | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $10.52K | 3.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 30940726 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20134684 | 22 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| ME1 (ASX) Chart |