They could, but you are assuming a strike price of $4.5 by the 13th of May?
If that is achieved, I can see that happening with some holders.
Free carry the options.
$4.5 by the 13th would be a phenomenal trading period.
Ann: Placement closes oversubscribed-Bonus Option Issue launched, page-7
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Last
$1.83 |
Change
-0.030(1.61%) |
Mkt cap ! $311.7M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.91 | $1.79 | $169.3K | 92.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 92 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 3472 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |