You always pay the quoted exercise price. Yes anytime but it makes no sense to exercise before expiry unless the head price is higher, unless it it is for a tactical advantage, ie tax or take over.
You can exercise part of, sometimes there is a minimum
Ann: Placement and Entitlement Offer, page-49
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0.4¢ |
Change
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Mkt cap ! $10.1M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $16.85K | 4.672M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 60221599 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11370528 | 13 |
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