ASN 9.52% 11.5¢ anson resources limited

My take is (and could be wrong, have been once or twice...

  1. 731 Posts.
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    My take is (and could be wrong, have been once or twice before)…

    Buy ASN heads now and get free 9.1c oppies with 1 year to execute converting to a new 20c oppy with 2023 expiry. Potential outlay for 1 share 29.1c total. Share price needs to be 30c by 2023 for a profit/saving.

    Buy ASNOC oppies now for say 7c with 3.5c exercise price with 2023 expiry. Potential outlay for 1 share 10.5c total. Share price needs to be 11c by 2023 for profit/saving.

    Only catch it trying to find holders silly enough to list their ASNOC I guess, tell me where I am wrong.
 
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No. Vol. Price($)
12 1031794 10.5¢
 

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Price($) Vol. No.
11.5¢ 290407 7
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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