To convert the options to shares you would need to pay 1.2c per option. Payment just needs to be sent to the company any time before expiry. There would be no rush since there is a long time until they expire. The alternative could be to sell the options down the track and buy shares with the proceeds. Either way would achieve a similar result.
Due to both the long expiry and the leverage achieved by buying options (more options than shares for the same money) usually options trade at a premium to the share price + conversion price. At the moment, there is little/no premium on the options price.
To convert the options to shares you would need to pay 1.2c per...
-
- There are more pages in this discussion • 42,727 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $49.76M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.5¢ | $797.4K | 49.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2397883 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2031381 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ADN (ASX) Chart |