MGU 9.09% 1.2¢ magnum mining and exploration limited

Ann: Quarterly Report for June 2021, page-8

  1. 371 Posts.
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    I wonder if there is some arbitrage selling going on with the options. The options are priced lower than share price including the exercise price. Given this there is an arbitrage opportunity in buying options, exercising them and selling the shares issued. There is time risk in waiting for the shares to be issued.

    Wondering where MGU is headed and why the recent declines?
 
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Last
1.2¢
Change
0.001(9.09%)
Mkt cap ! $9.712M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $1.706K 145.9K

Buyers (Bids)

No. Vol. Price($)
7 709120 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 1179330 3
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Last trade - 15.05pm 13/09/2024 (20 minute delay) ?
MGU (ASX) Chart
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