CS will want the SP as close as possible to the strike price to prevent them from having to pay out the difference between SP and strike is my understanding. If the the SP goes to stop loss they don't pay out a cent is the way I understand it. Happy to be educated on the matter if this is not the case.
www.asx.com.au/education/.../201105-maximise-gains-with-minis.htm
No shorts remaining. Just the longs. Hope there is an Ann's to throw a spanner in the works but I am sure they will have this covered.
Lute, do you know how many outstanding?
CS will want the SP as close as possible to the strike price to...
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Last
28.5¢ |
Change
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Mkt cap ! $294.9M | |||
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| No. | Vol. | Price($) |
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| 7 | 188773 | 28.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 720450 | 3 |
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