I fail to see why investors would cough up .03c for the options which are exercisable at $1.02 in a few years time.
Surely you would better off buying the NSC shares at .875c which is at a discount to NTA (based on April NTA) and pick up the 6% plus ff dividends over the next few years.
If by some chance the share price does sky rocket and the options become attractive then you will also go for the ride as you already own the shares at a much lower base.
DYOR
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Last
60.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.65M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.5¢ | 60.5¢ | $50.52K | 83.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71072 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 23903 | 3 |
View Market Depth
| Last trade - 11.49am 30/04/2024 (20 minute delay) ? |
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Last
60.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 60.5¢ | 60.5¢ | 60.5¢ | 9956 | ||
| Last updated 11.49am 30/04/2024 ? | |||||
| NSC (ASX) Chart |