MGT 2.63% 19.5¢ magnetite mines limited.

Hi all,I actually have zero experience with options but have...

  1. 544 Posts.
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    Hi all,

    I actually have zero experience with options but have 125,000 from a cap raise last year.
    211 days till expiry with a strike price of $0.05 cents.

    2 Questions if forum members could please help:

    1) When the stock price hits $0.05 cents will these automatically convert to shares?
    2) What are these options worth?
 
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19.5¢
Change
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Mkt cap ! $19.95M
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19.0¢ 19.5¢ 18.5¢ $16.06K 84.78K

Buyers (Bids)

No. Vol. Price($)
2 37126 18.5¢
 

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Price($) Vol. No.
19.5¢ 50000 1
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Last trade - 15.33pm 18/09/2024 (20 minute delay) ?
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