If brokers take options in lieu of fees at a higher strike price than the company is trading at it means they think the shares are going higher.
Most brokers charge 6% fee and usually want cash, when a broker or drilling company etc involved want options its extremely bullish from my experience
Ann: TG Metals Raises $10 Million in Placement, page-27
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.79M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $30.41K | 175.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32743 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 13 | 1 |
View Market Depth
| Last trade - 15.05pm 23/07/2024 (20 minute delay) ? |
| TG6 (ASX) Chart |