Maybe think of it like this:
Option 1: Galan fails. The “free” options are worthless and the sophs bought heads at 46c and likely flipped them for a tiny margin (or maybe a loss).
Option 2: Galan succeeds. The “free” options cost you 65c to exercise, so your average price ends up around 55c (which is a touch above the share price when the deal was done) albeit with a 5y tail on a bit more than half the cash.
When you think of it like that it’s actually not such a bad deal in the current climate.
- Forums
- ASX - By Stock
- GLN
- General Discussion Banter GLN
General Discussion Banter GLN, page-14106
-
- There are more pages in this discussion • 1,680 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 GLN (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.46M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $104.0K | 721.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 271268 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 1006621 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 250025 | 0.140 |
8 | 283078 | 0.135 |
14 | 382019 | 0.130 |
11 | 575671 | 0.125 |
11 | 437132 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 906621 | 4 |
0.155 | 310000 | 7 |
0.160 | 676334 | 7 |
0.165 | 20000 | 1 |
0.170 | 36764 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
GLN (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online