Hi, yeah.. I guess the company wants to make revenue from the conversion of options so it does make sense to me now that they would want to be paid the strike price up front.
So I guess if I'm reading this all right, at the time those who bought $10,000 of $0.002 options could now sell them on market for $0.095 (except the liquidity isn't there so you'd either have to drip feed into a bullish market to sell them all or dump the lot and push the price down dramatically which sounds terrible idea to me) making 50 odd bags, give or take OR 10 bags, roughly from heads or convert at $0.17 for 60 or so bags.
Hard to calculate the risks... you have leverage, but there is the liquidity issue plus the time issue (pressing in this instance).
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Hi, yeah.. I guess the company wants to make revenue from the...
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $34.28M |
Open | High | Low | Value | Volume |
3.7¢ | 4.0¢ | 3.7¢ | $68.85K | 1.794M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150000 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 349950 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 150000 | 0.037 |
5 | 415000 | 0.036 |
5 | 724214 | 0.035 |
2 | 106000 | 0.033 |
3 | 91250 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 299950 | 2 |
0.041 | 144000 | 2 |
0.042 | 117600 | 1 |
0.043 | 102000 | 1 |
0.045 | 120000 | 1 |
Last trade - 15.10pm 28/06/2024 (20 minute delay) ? |
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