AZL 0.00% 2.1¢ arizona lithium limited

AZL General Discussion, page-6177

  1. 683 Posts.
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    Sorry, that 37.5c should have been 38c (thinking of a current 12.5c share price in the back of my mind). The option price lags the share price by the conversion price plus a small premium (as you will always get more options than shares). The closer you get to expiry, the lower the premium (since you do not have much time to make a large profit before expiry). For simplicity, ignore the premium.
    I have held PLS since their IPO at 20c and it was on one of the PLS threads that someone mentioned AZL and I had not heard of them at the time. Following a bit of research, I though they were a good risk so bought some at around 3c. I have topped up a couple of times since then.
 
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