GSN
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5.56% 1.7¢ great southern mining limited

Your logic is correct.The intrinsic value of of the GSNOA series...

  1. M-Air-J
    117 Posts.
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    07/07/20
    14:31
    Post #: 45697924
    Your logic is correct.

    The intrinsic value of of the GSNOA series of options (with a 5c exercise price) is 5c less than the heads. So with a 16c share price the options value is (16c-5c) or 11c. Usually the option will trade at a premium to its intrinsic value this due to the leveraged effect you have mentioned above. The longer the option exercise period has to run the higher the premium.

    GSNOA should trade at least at a 1c premium with the 2 year life remaining.
    GSN Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.7¢ 		Change
-0.001(5.56%) 		Mkt cap ! $13.89M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $1.7K 100K

Buyers (Bids)

No. Vol. Price($)
2 268000 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 75000 1
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Last trade - 10.07am 02/07/2024 (20 minute delay) ?
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