Might seem like dumb question, but why is RNU low - my basic understanding is RNU options are 2 cents conversion so if these are currently 0.68 + 2 cents, make them 0.88 min (assuming conversion), so why is RNU trading at 0.79, well below the options price?
I understand all trading is risk, but surely looking at the pricing options are super cheap, compared to the normal, just not enough options available.
Why wouldnt normal trade around 0,88 mark?
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Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $260.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $86.34K | 833.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 1706657 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2027801 | 54 |
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| Last trade - 14.16pm 06/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
0.003 ( 2.44 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.3¢ | 10.0¢ | 1094094 | ||
| Last updated 14.17pm 06/05/2024 ? | |||||
| RNU (ASX) Chart |