PEN peninsula energy limited
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Ann: Consolidation/Split - PEN, page-11

  1. fuhc46
    976 Posts.
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    18/10/24
    13:19
    Post #: 76187679
    Heya guys. What happens to options strike price? Does that also change to reflect relative value or does the original strike price remain?

    Split of 1:20 will mean SP of $2 (10c*20) , so suddenly all options are in the money if they stay the same

    Seems a good deal if you're a current option holder or am I thinking this wrong? Any help?
    PEN Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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