Still why now?
They would still get the benefit of any appreciation any time into the future.
Surely the most obvious reason is to be able to take the profits now and sell the shares soon after conversion?
Or could be a tax thing or other motive
Ann: Exercise of Listed Options, page-10
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $8.972M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.331K | 665.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 63871534 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 65824500 | 65 |
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| Last trade - 12.29pm 03/06/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
-0.001 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 100000 | ||
| Last updated 10.56am 03/06/2024 ? | |||||
| MCT (ASX) Chart |