I don't think the stock price needs to move for the options to appreciate.. They are vastly undervalued at the current stock price given the temporary imbalance in supply and demand due to the recent issue (black and scholes places them at .05 with a conservative 40% volatility).
As soon as the non-sophisticated selling dries up i believe we'll see bargain hunters swooping in.
Flex Launch, page-5
Add CXZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.00M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.9¢ | $29.79K | 1.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 722551 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 829112 | 3 |
View Market Depth
| Last trade - 15.48pm 11/06/2024 (20 minute delay) ? |
|
|||||
|
Last
2.9¢ |
Change
0.000 ( 3.33 %) |
||||
| Open | High | Low | Volume | ||
| 2.9¢ | 2.9¢ | 2.9¢ | 470000 | ||
| Last updated 13.16pm 11/06/2024 ? | |||||
| CXZ (ASX) Chart |