RDN raiden resources limited

Serious question, or that they'll just sell them all for a...

  1. 52 Posts.
    lightbulb Created with Sketch. 9
    Serious question, or that they'll just sell them all for a profit over the coming days? Even if wasn't a net profit they'll still make money on the 0.015 strike price.

    I am always confused when people talk about how they need the price to go up before the excise date to make sure the options are converted. Why wouldn't you convert when the heads are trading at near twice the strike price irrelevant of what you thought the LT prospects were, or what you paid for the option......?


    I am genuinely asking the question as I've not had anything to do with options before and I am wondering if I am missing something
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $15.52M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $24.65K 5.807M

Buyers (Bids)

No. Vol. Price($)
41 30092085 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 17335028 33
View Market Depth
Last trade - 15.24pm 25/07/2025 (20 minute delay) ?
RDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.