Sometimes it takes a while for people to realise that there are oppies available. Brokers are generally ignorant and will just do the trade without advising clients there is an arbitrage opportunity. People are generally less inclined to go down the oppie route until they have done it a couple of times and made far greater percentage gains than they would have had they bought heads.
Once Anson becomes more widely known, so too will the options and the gap will close. AVZ was in exactly the same situation a month ago at around the same prices. Do the sums.
ASN Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
