Since being listed (23/2/22) a total of 651,239 options (DUNO) have changed hands ranging in price between - 0.015 and 0.035. In the same time 1,976,502 shares have been traded, ranging in price between 0.135 and 0.18 Being the options have a strike price of 0.30 if people are buying these hoping for the strike price to be reached the implied value of the shares would range between 0.315 and 0.335. This is a significant discount to the current main listing price action. Therefore, if someone is looking for some exposure to DUN and is prepared to take on the options risk there is certainly alot more upside trading the options than the main stock. For a company with a tight shareholder schedule I think watching the movement of the DUNO over the next 6 months will tell us more about Dundas than watching the main shares.
DUN Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
