re: Ann: Dispatch of Option Entitlement Issue... If ARD went to zero then owning option I would have lost 0.01 in total per share. If I had bought a share instead, it would have cost me $0.05 of whatever that I had bought the share for at that time.
Owning the option basically is there to limit the downside IMHO, but I can see why people would opt out as well - ARD share is cheap -- if it goes to say $0.17 by the expiry date then the person that bought the share outright would have tripled their money but my option would still be worth nothing.
Ann: Dispatch of Option Entitlement Issue Prospec, page-6
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $22.00M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $15.19K | 924.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 10 | 2999886 | 1.6¢ |
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| Price($) | Vol. | No. |
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| 1.7¢ | 673517 | 4 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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1.6¢ |
Change
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.6¢ | 618167 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| ARD (ASX) Chart |