bit of a novice here. can someone explain about the options for me? as i see it, assume i hang on to my options until august 2024, and assume the Share price of IMU is 90 cents - i could then exercise my options for 45 cents each, and receive shares worth 90 cents each? so i would be be purchasing 90 cent shares for 45 cents. half price so to speak. and then could sell them the next day and double my money? have i got this right? seems like a no-brainer to me, if we believe the share price will go above 45 cents...
thanks for your help.
bit of a novice here. can someone explain about the options for...
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.5¢ | $379.9K | 6.840M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1581916 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 680013 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |