HMX 2.78% 3.7¢ hammer metals limited

You are buying the right to convert to shares by paying the...

  1. 12,647 Posts.
    lightbulb Created with Sketch. 266
    You are buying the right to convert to
    shares by paying the company 3cents by end of Sept.
    It's like lay-by.Pay 1.6c now and 3cents later.
    You can also just sell them on market.
    With short dated options,they will lag by 0.5 cents plus
    due to volatilty of share movement.
 
watchlist Created with Sketch. Add HMX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.