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4.76%

6.0¢ invictus energy ltd

Good answer guys, If the SP goes up, you have locked your price...

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strejd

244 Posts.

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23/05/22

15:54

Post #: 61570069
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Originally posted by MorbidFury: ↑

Hi Strejd, a valid question but the the way the $0.35 options will work once approved and listed .

Put simply, It will be in the money if the share price is above $0.35 (i.e. if the SP goes to $0.50 pre spud) option holders could convert to shares and sell if they chose to, however if its below $0.35 until expiry 1 year from now (which I don't see happening by the way, only if both drills find no commercial oil & gas ) the options are useless as they can buy on market.

Hope that settles it

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Originally posted by witchdoc86: ↑

Imagine you have a fairly valued stock at $0.20 share price, with a 20% chance of reaching $1.00 and 80% chance of becoming $0.00.

Your option, with an exercise price of $0.35, would therefore be worth 20%*(1.00-0.35) = 0.2*$0.65 = $0.13c.

Because math.

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Good answer guys, If the SP goes up, you have locked your price at $0.35 and 12 months to pay. If it goes down, well ...

Thanks for your reply.

IVZ Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 6.0¢		Change -0.003(4.76%)		Mkt cap ! $85.07M

Open	High	Low	Value	Volume
6.2¢	6.3¢	5.9¢	$204.0K	3.364M

Buyers (Bids)

No.	Vol.	Price($)
5	390819	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	498697	4

View Market Depth

No.	Vol.	Price($)
5	390819	0.060
3	167847	0.059
4	519000	0.058
2	35104	0.057
3	105585	0.056

Price($)	Vol.	No.
0.061	498697	4
0.063	66981	3
0.064	602457	2
0.067	44226	1
0.069	89649	1

Last trade - 15.34pm 05/06/2024 (20 minute delay)


Last 6.0¢			Change -0.003 ( 3.23 %)
Open	High		Low	Volume
6.2¢	6.2¢		5.9¢	2404310
Last updated 15.41pm 05/06/2024 ?

IVZ (ASX) Chart

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