I can't help but notice how undervalued GMNO was and still is. 1c strike price with a 2026 expiry. Yesterday the price his 1.55c and still the options were 0.6c. I've never seen options underperform to such an extent. Does anyone know why this is? At 1.5c I would presume the price should be at 0.9c or 1c.
Back in November 2022, GMNOB (2024 expiry with a strike price of 2c) hit 0.8c when the heads hit 1.4c. GMNO has half the strike price plus double the expiry, yet 0.6c when stock price hit 1.55c.
Can anyone explain why this is??? It's so confusing!
- Forums
- ASX - By Stock
- GMN General discussion
I can't help but notice how undervalued GMNO was and still is....
-
- There are more pages in this discussion • 647 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.90M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $7 | 1.718K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 91040186 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 25236326 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 91040186 | 0.003 |
18 | 39884580 | 0.002 |
16 | 84140050 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 25236326 | 17 |
0.005 | 13839581 | 27 |
0.006 | 7134522 | 9 |
0.007 | 2867888 | 7 |
0.008 | 2558750 | 6 |
Last trade - 10.04am 13/05/2024 (20 minute delay) ? |
|
|||||
Last
0.4¢ |
  |
Change
0.000 ( 12.5 %) |
|||
Open | High | Low | Volume | ||
0.4¢ | 0.4¢ | 0.4¢ | 249357 | ||
Last updated 12.29pm 13/05/2024 ? |
Featured News
GMN (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online