Cmon the aim of options is to benefit not today but within the time period that it needs to be cashed in. Hence one is to get the free option but the 2nd is to then enable people to convert if at a premium. The problem appears after the initial. Move holders seem to be expecting massive moves in a short timeframe. The key here is based on the company schedule where do people think arl will be this time next year?
Ann: Timetable for Issue of Loyalty Options, page-31
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Last
39.5¢ |
Change
-0.005(1.25%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.5¢ | $2.745K | 6.865K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 211541 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 49 | 1 |
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| Last trade - 12.28pm 19/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |