It won't be 1.9 based on 4.4 as you would buy the shares not the option if that was the case.
It needs to be more attractive then share price.
Price might be about 1.7-1.75, but end of day the market will determine the price. It will be interesting to see what price they settle at. Option trading too risky for me though.
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Good old fireside chat, page-89
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12.0¢ |
Change
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Mkt cap ! $154.8M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $134.0K | 1.120M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 920532 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 86881 | 2 |
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