RML resolution minerals ltd

Mate the question is easy to answer, you contact the company,...

  1. 1,926 Posts.
    lightbulb Created with Sketch. 656
    Mate the question is easy to answer, you contact the company, complete the form, pay the strike price and the company issues you the shares and publishes the notice on the ASX that they have issued more shares due to a conversion of options.

    If you are buying these options now, I'd be surprised if you have to worry about conversion as the examples I've given of the price movement means most people would sell the option rather than paying the extra cash to convert it.

    I'm simply advising you to do some research or training on options before buying some because as good as leverage is it can work the other way, ie you buy .004 today but market has a bad night next day RMLO is .002 you're down half your investment. So it is a very much be careful situation, more moving factors than a share, but more risk = more reward or more loss depending on how it goes.

    Again these are simple explanations of how an option may work, its not a recommendation to buy anything, there are risks so please DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.3¢
Change
-0.003(3.95%)
Mkt cap ! $93.92M
Open High Low Value Volume
7.6¢ 7.9¢ 7.3¢ $99.06K 1.315M

Buyers (Bids)

No. Vol. Price($)
5 320153 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 272 1
View Market Depth
Last trade - 10.32am 31/07/2025 (20 minute delay) ?
RML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.