lol your comment is pretty far off, misleading and not accurate. If the share price hits 5c, people will pay up to 4.9c to purchase the oppies so they can save money. So, technically if it does hit 5c, 500,000 oppies are worth up to $24,500 on the open market to sell.
Also, you say "you would really want the share price to hit 10c for it to be worth it" (totally incorrect)
You obviously haven't done the maths, and forget that when oppies hit their exercise price they become worth almost the same as the current SP, and are traded, bought and sold every day right up till there end date.
So to correct your statement, anything over 5.01 cents makes it worth it, as shown above.
The math on your 10c comment would be $50,000 profit to sell 500,000 oppies..... so if you need $50k profit to make it worth buying options, you clearly have no idea what you are talking about.
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lol your comment is pretty far off, misleading and not accurate....
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Last
31.5¢ |
Change
0.045(16.7%) |
Mkt cap ! $31.00M |
Open | High | Low | Value | Volume |
27.5¢ | 31.5¢ | 27.0¢ | $149.6K | 518.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 5000 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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31.5¢ | 33790 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5000 | 0.300 |
1 | 9000 | 0.295 |
1 | 2000 | 0.285 |
1 | 45000 | 0.280 |
5 | 30073 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 33333 | 1 |
0.320 | 20000 | 1 |
0.330 | 6000 | 1 |
0.340 | 5309 | 1 |
0.400 | 1600 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
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Change
0.045 ( 18.9 %) |
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Open | High | Low | Volume | ||
27.5¢ | 31.5¢ | 27.5¢ | 45119 | ||
Last updated 15.56pm 03/05/2024 ? |
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