Agree with you Steini, the PENOCs are looking good and I am glad I got some at.08 yesterday as well.
If you believe in the company and if you believe the U price will go up, then the decision to go with PENOC is not that hard to make.
Talk to someone who understands options and they will tell you that the time remaining till exercise is worth quite a bit.
If the PEN SP gets above 2.6, a bettr valuation for the options would be closer to 1.3 IMHO
Agree with you Steini, the PENOCs are looking good and I am glad...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $318.7M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 9.9¢ | $2.282M | 22.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 700639 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 982989 | 17 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PEN (ASX) Chart |