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Why would anyone exercise at 2 cents - when you can buy on...

  1. 290 Posts.
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    Why would anyone exercise at 2 cents - when you can buy on market at 0.8 or 0.9 cents? - am I missing something?

    Apart from the low volume, a single individual would get ~2.5 times as many shares for the same cash outline - not taking the initial options into account. I guess if everyone did that instead, there would be substantial SP action but it is highly unlikely ..........................




 
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(20min delay)
Last
5.1¢
Change
0.000(0.00%)
Mkt cap ! $106.7M
Open High Low Value Volume
5.2¢ 5.3¢ 5.0¢ $176.3K 3.438M

Buyers (Bids)

No. Vol. Price($)
1 45000 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 688957 6
View Market Depth
Last trade - 14.27pm 30/06/2025 (20 minute delay) ?
ESR (ASX) Chart
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