re: Ann: Reinstatement to Official Quotation ...
Can anyone help explain this?
The new options just listed today (ASX code AYNOA) expire on 31 July 2015. Strike/expiry price is 1 cent. Ie, they aren't too far out to the money. There are no buyers and plenty of sellers at 0.001. Fair enough.
The options listed last year (ASX code AYNO) expire on 14 May 2015. Strike/expiry price is 6 cents. Ie, they are way out of the money. There is a buyer at 0.001.
I have none of the AYNO options, but if I did I would certainly sell them at 0.001 and buy AYNOA options at the same price. But maybe I'm missing something?
AYN Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held