lol
the option is not worth 60 cents when the share price is worth 90 cents
for example, if the market cap goes to $300M or share price of $2.20, the option will be worth $1.00. The shares bought at 90 cents will profit 144% and the options bought at 60 cents will profit 67%
Due to risk, options should profit much more.
If the option was worth 45 cents, the option profit at $2.20 share price would be 122%.
The option is probably currently worth 30 cents.
Therefore, the current entitlement is valued at around 75 cents per share, exactly what I predicted the last time I posted here.
![]()
- Forums
- ASX - By Stock
- SMN
- Ex entitlement to attached options
Ex entitlement to attached options, page-138
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMN (ASX) to my watchlist
|
|||||
Last
69.8¢ |
Change
0.003(0.36%) |
Mkt cap ! $95.80M |
Open | High | Low | Value | Volume |
69.0¢ | 69.8¢ | 69.0¢ | $17.79K | 25.76K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 69.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 12500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1490 | 0.695 |
1 | 20000 | 0.690 |
1 | 20000 | 0.685 |
1 | 15756 | 0.680 |
1 | 5000 | 0.675 |
Price($) | Vol. | No. |
---|---|---|
0.675 | 400 | 1 |
0.700 | 12500 | 2 |
0.710 | 41084 | 2 |
0.715 | 12121 | 1 |
0.720 | 24473 | 2 |
Last trade - 15.43pm 28/08/2024 (20 minute delay) ? |
Featured News
SMN (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online