You keep assuming that the trader does not currently hold 88E shares.
Consider the current holder of 88E shares, particularly if its currently a loss.
Would it be a smart move to sell your heads at a loss for .029 and purchase the options at .008 then convert them back into heads
There is nothing to lose in this case, only a gain.
Only smart people understand this concept
DYOR
Exercise options, page-81
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $86.67M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $10.05K | 3.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 152 | 214316072 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 581110328 | 194 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |