When the strike price of DESO is only $0.25 it doesn't make much difference if the options are 2c or 8c, they still offer great value. If betting on a tiny exploration company an investor is not hoping to make marginal gains, but hoping for a big pay-off on a significant find. If that happens the options will be in the money at much higher values than they are now.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-22
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $6.991M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.0¢ | $13.77K | 123.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31547 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 20000 | 1 |
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| Last trade - 13.10pm 15/08/2024 (20 minute delay) ? |
| DES (ASX) Chart |