I guess if you were going to make a bid for the company at say 5 cps then buying the options would:
1. Be a call option against a higher bidder, so you get something even if you lose the company
2. Remove options from the register. Although there are a lot of options, and the benefit is now lost if the bid is 5cps. Would have more more sense at less than current OSLO price.
So, in other words, I have no idea why the options are now around 40% the price of the shares..
I guess if you were going to make a bid for the company at say 5...
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Last
1.2¢ |
Change
-0.001(4.00%) |
Mkt cap ! $49.19M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $128.9K | 9.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3433006 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 407094 | 5 |
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