Options are easy..... they are an "option" to buy the share.
Here is how it works. Go and buy ADOO. Wait for them to appear on their register (takes about 3-4 days).
Fill in the form, and send the company 1.2c x the number of options you bought.
The ADOO will disappear from your account, and ADO now appear.
You now own ADO instead of ADOO.
Each share of ADO cost you = Price of ADOO + 1.2c.
I hope this helps.
how do options work, page-2
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $23.42K | 1.233M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1142321 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 339684 | 2 |
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| ADO (ASX) Chart |