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why would options conversion make it 43c ?

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Duramax

7,203 Posts.

658

10/01/23

07:58

Post #: 65608450
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Originally posted by williams11: ↑

before Xmas was looking at the 300 and I worked it out to be 38.5c but then there were the option conversions so 43c could be on the money, but it does need to get to that the week before from memory and I did read that the sp is taken as an average so maybe we need to reach 50c before then. Not too fussed on the 300 too early because institutional involvement usually leads to more shorting.

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why would options conversion make it 43c ?

RNU Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.3¢		Change 0.013(12.5%)		Mkt cap ! $292.2M

Open	High	Low	Value	Volume
10.5¢	12.0¢	10.3¢	$1.025M	9.361M

Buyers (Bids)

No.	Vol.	Price($)
26	1262052	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	549204	18

View Market Depth

No.	Vol.	Price($)
23	1178733	0.110
28	2807779	0.105
46	2487001	0.100
3	49501	0.099
10	433173	0.098

Price($)	Vol.	No.
0.115	549204	18
0.120	1980834	34
0.125	1179093	17
0.130	2656751	18
0.135	865320	10

Last trade - 11.49am 15/05/2024 (20 minute delay)


Last 11.5¢			Change 0.013 ( 14.3 %)
Open	High		Low	Volume
10.3¢	11.8¢		10.0¢	2761153
Last updated 12.10pm 15/05/2024 ?

RNU (ASX) Chart

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