Hi Herro. Just to clarify your statement:
"(But if you bought the fully paids now, you'd be nearly 200% in front if the PRRO's get to 22cents. Swings and roundabouts I guess.)"
I would assume that if the PRRO's are at 22 cents, then the PRR's would be at 44 cents. (44-22 (20 cents for conversion and 2 cents for initial outlay before they are in the money)).
If you bought the fully paids now at say, 8 cents, then the PRR's profit return at 44 cents would be 450%, and if you sold the PRRO's at 22 cents then the profit on the PRRO's would be 1000%.
IMHO the "profit %" is quite large on the PRRO's compared to the PRR's. Obviously, you are dealing with more money with the PRR's than the PRRO's. The point I indicated was that I believe there may be a run on any options if they start trading at 2 cents, as you would be buying them at only 2 cents and end up with a large parcel, on the punt that the PRR SP will be, in this case, 44 cents in say 3 years time.
In reality, I cant see the PRRO's initially starting at 2 cents, as people will want some profit by selling their PRRO's, so I expect a starting price of 3 cents. Even so, the "% profit" on the PRRO's will still be quite large compared to the PRR's, using the example given.
- Forums
- ASX - By Stock
- excel conversion of prro options
Hi Herro. Just to clarify your statement:"(But if you bought the...
-
-
- There are more pages in this discussion • 1 more message 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 IMM (ASX) to my watchlist
|
|||||
Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M |
Open | High | Low | Value | Volume |
28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 297652 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 7500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 267172 | 0.290 |
18 | 232142 | 0.285 |
29 | 1267072 | 0.280 |
5 | 181364 | 0.275 |
10 | 229898 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 5000 | 1 |
0.305 | 196762 | 5 |
0.310 | 57067 | 3 |
0.320 | 6090 | 1 |
0.325 | 10000 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |