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5.56%

1.9¢ arizona lithium limited

Thats it, best to be Bullish (positive) on the share price...

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Cleaver1

403 Posts.

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14/11/21

08:21

Post #: 57558901
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Originally posted by ziyou: ↑

No, you pay 5c for the opportunity to convert your option to a full share (head) by or before Nov 2022, if you decide to convert you pay a further 12c (12c options) to have a full share, so the full share has cost you 17c,you woulkd do this if you expect the share price to be 17c or higher on or before Nov 2022, you can convert at any time once you have bnought your option (s) . If you decide not to convert your option lapses by the date in Nov 2022 and ytou lose the 5c . Alternatively if the share price rises the option price could rise also and you could simply sell your option, Buying and selling is done through your usual share purchase , either a broker or Comsec or Westpac Broking or Self Wealth if you are with them.
Currently the option (AZLO) price I believe is 4.7c so it is currently "out of the money" ie conversion price would be 4.7c + 12c , much higher than current share price (12c)
Trust this helps explain.

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Thats it, best to be Bullish (positive) on the share price increasing if buying these options. Which all here are expecting. IMO

Last edited by Cleaver1: 14/11/21

AZL Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.9¢		Change 0.001(5.56%)		Mkt cap ! $85.00M

Open	High	Low	Value	Volume
1.8¢	1.9¢	1.7¢	$110.8K	6.168M

Buyers (Bids)

No.	Vol.	Price($)
1	17306	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	2495978	16

View Market Depth

No.	Vol.	Price($)
1	17306	0.018
35	5296359	0.017
23	6204255	0.016
18	4383944	0.015
16	4539660	0.014

Price($)	Vol.	No.
0.019	2495978	16
0.020	2384882	14
0.021	7030267	8
0.022	2806644	10
0.023	3498316	8

Last trade - 16.10pm 01/07/2024 (20 minute delay)

AZL (ASX) Chart

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