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4.00%

2.6¢ dxn limited

DXNOD VALUE, page-26

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johnrap

1,512 Posts.

91

08/07/20

20:21

Post #: 45733437
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Originally posted by oz24 ↑

You can exercise it anytime between now and in 3 years time. But you probably wouldn’t want to at the moment because they are only half a cent “in the money”.

You pay for the ability, or “option”, to pay 2 cents for the 5 cent shares in your example. But I am hoping they’ll be $5 by May 2023, imagine paying only 2 cents for a $5 share, but that’s probably really fanciful.

I am not sure how options rise in relation to share prices.

This is a “company option” by the way, not an “exchange traded option” which is the domain of professional traders and in my understanding can be very dangerous.

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OH BOY ............................bit of a worry.
at $5 they would be be worth nearly $10 billion dollars fully diluted

my tip more chance winning this weeks powerball

Last edited by johnrap: 08/07/20

DXN Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 2.6¢		Change 0.001(4.00%)		Mkt cap ! $4.807M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.6¢	$610	23.46K

Buyers (Bids)

No.	Vol.	Price($)
1	10700	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	70000	1

View Market Depth

No.	Vol.	Price($)
1	10700	0.025
3	250244	0.024
1	10000	0.023
2	122727	0.022
1	100000	0.018

Price($)	Vol.	No.
0.028	70000	1
0.029	160358	3
0.030	15405	2
0.031	66667	1
0.037	46667	1

Last trade - 15.13pm 03/05/2024 (20 minute delay)

DXN (ASX) Chart