3Y Ann on ASX today Joe Houldsworth sold 800,000 ORD shares but explains he did so to fund exercise of 2,000,000 RMSO options
As I stated earlier, the price retreat in the past month has been ORD share holders pulling profits and using the cash to buy their RMSOA options which do not trade after today, and close at the end of the month.
Price for the ORDs will now rapidly rise through the $2 mark as the RMSOA options no longer trading ahd the ORD holders have exercised all their options.
If you were a trader reckon you could easily make 20% in a week on this one........and bag a 0.5 Cent Dividend as well.
Hold for a Month and bag 7.5 cents Captial Return and 1 for 10 Free Options as well.
3Y Ann on ASX today Joe Houldsworth sold 800,000 ORD shares but...
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$1.86 |
Change
0.010(0.54%) |
Mkt cap ! $2.117B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.88 | $1.84 | $2.560M | 1.383M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 32438 | $1.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 44794 | 39 |
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| Last trade - 14.02pm 19/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |