the 3 cent options are unlikely to ever vest except in a buyout.
I guess people are figuring that a buyout at 3 cents represents 6x today's price and would be a decent offer.
When the options were given the sp was 1 cent so a 4-5x premium would have seen them vest.
Thus the shares are better value than those options right now.
the 3 cent options are unlikely to ever vest except in a...
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Last
1.0¢ |
Change
-0.003(20.8%) |
Mkt cap ! $34.05M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $161.3K | 15.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 8367931 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2922819 | 19 |
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| Last trade - 11.45am 08/08/2024 (20 minute delay) ? |
| OSL (ASX) Chart |