Pretty straight forward...
They buy the company allowed options at 30c (prior to the excise date) with no brokering Fee ..This purchase cash goes to the company...
Once purchased they can sell anytime.. with a brokering fee
Hang on to them for a year ( from original purchase date) for a 50% CGT Discount.
They sell hopefully above 30c.To make a nice tidy profit.
Laters...
Ann: Proposed Issue of Unlisted Options, page-28
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |