Nick, you would have to reasonably expect that if anyone could not afford to pay the 2.6 c exercise price now they would at least sell their option at around 7c on market and walk away, receiving the highest price since trading of imuoa began . And the buyer of that option would do so to exercise them and make a few pips. 7 +2.6 =9.6 in a 10c market.
The volume today doesn't suggest much of that is happening. Only 357,000 oa's traded today.
Ann: Proposed issue of Securities - IMU, page-12
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Last
4.8¢ |
Change
-0.001(2.04%) |
Mkt cap ! $357.0M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.8¢ | $279.2K | 5.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 94 | 12992150 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 1795056 | 6 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |