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0.2¢ oar resources limited

Ann: Exploration Update on Gibraltar and Nevada, page-51

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geem

2,381 Posts.

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30/12/20

13:30

Post #: 49863831
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Originally posted by jwoody1000: ↑

i have sent an email to OAR re the pricing of the new options. (no reply)
When they were issued they knew there were already 4cent options, so not only these new options at a 25% discount but also would trade at 25% less, ie ,003 of today which is 50% less than the average for a month prior to the list. seems .004-5 (on the 4cent is the norm now) ...still this is not as good as the .003 although its in a very restrictive trading, due to institiuations having be given these options. NOT Fair!!
why would any one buy option for 4cent exercise at .004 or .005 when .003 is available with exercise at 3cents?!!
and they are due within week of each other.
hopefully in the end both SP and options will be worth heap in a year! still makes me unhappy that it will be at 50% better off under the 3cent options.
I think both shares and options (maybe) aren't allowed to be issue at too much of a discount - haven't found it yet but there is a limit on what discount can be give. disappointing

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you only have to buy 1 million OAROC and get nearly 1 percent exposure to
potential upside of the company.
whereas you buy 1 million OARO you only get 0.18 percent exposure as there are
much more on issue.
seems another buyer is lined up to buy 12 million OAROC at 0.3c

OAR Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $6.601M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$25.13K	12.56M

Buyers (Bids)

No.	Vol.	Price($)
27	39380240	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	36999946	19

View Market Depth

No.	Vol.	Price($)
27	39380240	0.002
86	264552551	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	35999946	18
0.004	16493750	17
0.005	11420204	17
0.006	19260769	13
0.007	4235065	5

Last trade - 16.10pm 17/10/2024 (20 minute delay)

OAR (ASX) Chart

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