I’m not exactly sure what are the asx rules are regarding issuing/replacing or extending options , but it certainly doesn’t sound it’s allowed to only reward options holders!!
Options holders knew the risks associated with them, on that basis the rest of the share holders shouldn’t subsidise their risk taking strategy of buying options. But hey stranger things have happened. Let’s wait and see.
Otherwise let’s all buy options at 0.4 cents and wait for the replacement, make 60% profit and bobs your uncle.
It's far from over, page-76
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0.3¢ |
Change
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Mkt cap ! $72.33M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $634 | 213.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 150 | 166689125 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 601425897 | 251 |
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| 88E (ASX) Chart |