It is an interesting play but the problem I see is there are at least a billion options out there. That would cost $ billions to exercise. Most received the options free or bought in the 1c 2c range.
Can only see a lot of selling pressure on the options as most will head for the exits by selling the options before expiry.
It is an interesting play but the problem I see is there are at...
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Last
$2.10 |
Change
0.000(0.00%) |
Mkt cap ! $3.165B | |||
| Open | High | Low | Value | Volume |
| $2.10 | $2.11 | $2.09 | $4.512M | 2.149M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 924214 | $2.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.10 | 414400 | 6 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$2.10 |
Change
0.000 ( 0.26 %) |
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| Open | High | Low | Volume | ||
| $2.10 | $2.11 | $2.10 | 643357 | ||
| Last updated 15.58pm 02/05/2024 ? | |||||
| MGF (ASX) Chart |