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53.5¢ argent biopharma limited

Thank you for that I really appreciate your input, so I guess...

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16 Posts.

28/11/17

21:51

Post #: 29194991
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Originally posted by kevg91 ↑

Basically an option is a purchase contract that has an expiry date.

The ticker is MXCOD.

Exercise price is $0.065 + (amount you already pay on the exchange)

e.g. You buy at $0.045 then either hold & sell out OR you contact the company/registry to exercise your right to the options and pay the exercise price of $0.065. Then you are issued with shares at an initial purchase price of $0.11.

Generally less liquid, used for leverage. Honestly would give them a miss if you aren't keen for sporadic movements. They generally trade a premium then get sold off faster if anything goes south i.e. could be worthless if the SP goes below exercise price (albeit I doubt MXC will trade at 6.5c again).

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Thank you for that I really appreciate your input, so I guess they are call options then ? and how can I tell ?

MXC Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 53.5¢		Change -0.005(0.93%)		Mkt cap ! $25.89M

Open	High	Low	Value	Volume
51.0¢	53.5¢	46.0¢	$43.89K	90.60K

Buyers (Bids)

No.	Vol.	Price($)
1	1000	36.0¢

Sellers (Offers)

Price($)	Vol.	No.
57.5¢	214	1

View Market Depth

No.	Vol.	Price($)
1	1000	0.360
1	2000	0.350
1	12000	0.340
1	1885	0.290
1	2200	0.230

Price($)	Vol.	No.
0.575	214	1
0.580	5000	1
0.590	2000	1
0.650	45000	1
0.700	1368	1

Last trade - 13.02pm 03/10/2024 (20 minute delay)

RGT (ASX) Chart