Not sure what the incentive is here....
If I buy at 0.3c now with the 0.5c option as incentive and conditions change to make the option favourable.......
I could have bought on the market now at 0.2c and the price goes to 0.6c (i.e. the price where the option is worth excersizing) you triple your money.
If you really thought that buying at 0.3c for the option was worth while why would you not just buy on the market? If it only gets to 0.4c you still double your money??
Is anyone in their right mind going to pay a 50% premium for an option that needs the SP to move 150%???
Ann: Share Purchase Plan Offer Booklet-DEG.AX, page-2
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Last
$1.08 |
Change
0.015(1.41%) |
Mkt cap ! $2.588B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.09 | $1.07 | $21.52M | 19.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101100 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 18723 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| DEG (ASX) Chart |