The options buyers have held the RMSO price up at 6c while the heads are 13.5c. They are taking the additional risk of options in the expectation of outperformance to the heads.
At current options and heads prices, the price of the heads would have to rise to 21.5c before options will start to outperform the heads (options at 6c with time value of zero would be worth 9.5c = +58%, heads would be 21.5/13.5 = +59%).
Given the strength of the options trading alone, I would expect at least 22c.
Dividend yield of 13% catalyst to SP rise, page-59
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $2.286B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.02 | $1.96 | $6.338M | 3.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6800 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 32563 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |