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
0.3¢ |
Change
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Mkt cap ! $11.21M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $5K | 2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 58871202 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 63350345 | 61 |
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| Last trade - 10.19am 31/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 3580000 | ||
| Last updated 15.11pm 31/05/2024 ? | |||||
| MCT (ASX) Chart |