Appreciate your reply my friend - so just so I have got this straight - I can convert to fully paid shares by paying LRS the exercise price of 1.2c per share x 500k = $6k I would have to shell out and if I then sold on market (at todays price of 2.1c). I would make a net profit of 4.5k but if I simply sell the options on the market at todays sell price of 1.3c ea i would make 6.5k profit so wouldn't it just make sense to sell them on?. Not seeking financial advice just a confirmation that I have got it right - Cheers.
Appreciate your reply my friend - so just so I have got this...
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Last
23.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $658.8M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.3¢ | $339.9K | 1.440M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 618453 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 202814 | 15 |
View Market Depth
| Last trade - 10.17am 06/05/2024 (20 minute delay) ? |
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Last
23.5¢ |
Change
0.000 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 23.8¢ | 23.5¢ | 1081884 | ||
| Last updated 10.38am 06/05/2024 ? | |||||
| LRS (ASX) Chart |