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
1.4¢ |
Change
-0.002(12.5%) |
Mkt cap ! $20.06M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $84.17K | 5.905M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2929961 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1638534 | 1 |
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| Last trade - 15.14pm 26/06/2024 (20 minute delay) ? |
| ARD (ASX) Chart |