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13.0¢ anson resources limited

you have forgotten the value of time with ASNOC you are paying...

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jnene

3,926 Posts.

826

17/11/21

18:30

Post #: 57650342
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Originally posted by redgreenred: ↑

Me too! There's little logic to the ASNOD price as far as I can tell. 8c buys you the right to pay another 20c for an ASN share before 31/7/23, whereas with ASNOC, 12.5c buys you the right to pay only another 3.5c for an ASN share before 30/6/23 (ie one month earlier). From what I can remember from the little I've been taught about option pricing (and that was over 30 years ago), given that the expiry dates of the options are so close together as to make no difference, the difference in the prices of these options should be pretty close to the difference in the exercise price ie 16.5c. And the difference between the price of the options and an ASN share, should be less than the sum of the price of the option and the exercise price. By this logic, with ASN priced at 15.5c, ASNOC should be lower than 12c, and ASNOD is worthless (until ASN hits at least 19.5c).

Could someone please help explain what might be going on here?

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you have forgotten the value of time
with ASNOC you are paying 1/2 cent for time as it is “in the money “
with ASNOD - it’s way way over priced- it’s 4.5 cents “ out of the money “ and someone is /has paid 8 cents for time
using the same metrics ASNOC should be worth more than the heads - !!!!

ASN Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 13.0¢		Change 0.000(0.00%)		Mkt cap ! $167.7M

Open	High	Low	Value	Volume
13.0¢	13.3¢	12.5¢	$203.8K	1.569M

Buyers (Bids)

No.	Vol.	Price($)
16	706807	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	104091	3

View Market Depth

No.	Vol.	Price($)
16	706807	0.125
22	704867	0.120
9	549384	0.115
21	1071807	0.110
9	792000	0.105

Price($)	Vol.	No.
0.130	104091	3
0.135	922046	10
0.140	1113806	19
0.145	675558	15
0.150	894975	13

Last trade - 16.10pm 29/05/2024 (20 minute delay)


Last 12.8¢			Change 0.000 ( 2.15 %)
Open	High		Low	Volume
13.0¢	13.0¢		12.5¢	290556
Last updated 15.59pm 29/05/2024 ?

ASN (ASX) Chart