5m options were converted for $275,000 - seller sells them for approx $0.01 profit after conversion - they must have really needed the money. Take their $50k and run.
There may be more to come though? Although the volumes are high enough to absorb the sales and make it a worthwhile exercise. Especially with a 5 year expiry timeframe, so I don't understand why they were converted as surely there would be a better SP within the next 5 years.
ASX Today, page-7952
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $27.03K | 13.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 359 | 956509315 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 8325743 | 6 |
View Market Depth
| Last trade - 14.55pm 08/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |