In regards to LRVO, as I am still confused .
I hold 200k+ units in LRVO, I hold 0 in LRV.
Now if I were to exercise it by converting then I pay 30c to convert, my base price before converting is pretty much less than 1c.
Making my total cost of LRV shares at 31c each, using today’s closing price my profit is 9c if I were to convert
However if I straight sell LRVO at 14c then my profit is 13c per share? If my calculations are correct above then what’s the advantage of converting?
LRVO, page-161
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Last
67.5¢ |
Change
-0.035(4.93%) |
Mkt cap ! $216.2M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 70.5¢ | 66.5¢ | $2.180M | 3.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 59995 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 7616 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LRV (ASX) Chart |