I wonder how much option conversion is affecting the share price...

  1. 1,029 Posts.
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    I wonder how much option conversion is affecting the share price at the moment. People selling shares to pick up the options? The option price has collapsed to a point where its pointless buying them for the conversion, so what ever is on the register will either default or be converted buy existing holders. That may be encouraging people to sell shares for the conversion if they dont want to increase their overall holding. Hopefully once this washes through well start to see a turn around.
 
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(20min delay)
Last
4.0¢
Change
0.000(0.00%)
Mkt cap ! $17.94M
Open High Low Value Volume
4.0¢ 4.0¢ 4.0¢ $12.03K 300.7K

Buyers (Bids)

No. Vol. Price($)
1 15000 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 157414 2
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Last trade - 13.15pm 23/06/2025 (20 minute delay) ?
CDX (ASX) Chart
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