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AGE

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1.49%

6.6¢ alligator energy limited

Don't forget the brokerage he paid, whereas the free loyalty...

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steve20286

870 Posts.

39

05/02/22

18:48

Post #: 59381061
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Originally posted by Johnyb888: ↑

Hmm...

Lets assume you got 10K free options.

10.000 x $0.045 = $450 for 10.000 AGE shares

You choose:

10.000 x $0.04 = $400 + 10.000x $0.015 = $150 for a total of $550 for 10.000 AGE shares

Now you are right you would have saved an initial $50 on your options. But if you had choose to convert your free bonus options first and used the profits to buy more options the following would have applied.

$450 to convert 10.000 bonus option to 10.000 AGE shares. Considering the price you paid for your options I will assume the share price was around $0.055 at the time.
So you could have sold your shares for $550 for an instant $100 profit.
You could have then used that $550 to buy 13750 $0.04 options. Instead of 11250 options you would have gotten for the original $450.

So you cheated yourself out of a fair few extra options or dollars by your flawed logic.

But all good. Just trying to help. I'll leave you to it.

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Don't forget the brokerage he paid, whereas the free loyalty options had no brokerage cost!

AGE Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.6¢		Change -0.001(1.49%)		Mkt cap ! $257.2M

Open	High	Low	Value	Volume
6.6¢	6.8¢	6.5¢	$514.9K	7.803M

Buyers (Bids)

No.	Vol.	Price($)
34	598473	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	1959491	13

View Market Depth

No.	Vol.	Price($)
32	594651	0.066
15	910364	0.065
16	905239	0.064
15	1324705	0.063
12	1541750	0.062

Price($)	Vol.	No.
0.067	1746035	11
0.068	1644578	12
0.069	2113105	16
0.070	2952551	26
0.071	2828378	9

Last trade - 14.53pm 22/05/2024 (20 minute delay)


Last 6.7¢			Change -0.001 ( 1.52 %)
Open	High		Low	Volume
6.5¢	6.7¢		6.5¢	3461077
Last updated 15.02pm 22/05/2024 ?

AGE (ASX) Chart

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