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Why would anyone buy the options at .008? Share price at...

  1. 908 Posts.
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    Why would anyone buy the options at .008? Share price at 1.3c/1.4c
    Once converted at 1.8c makes the .008 cost the buyer 2.6c
    At 1.4c/1.5c the options are only valued or worth buying at 0.004 ( ie cost 2.2c )

    The drilling hasn't even been started. If it has it would of been announced.
 
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(20min delay)
Last
5.2¢
Change
0.000(0.00%)
Mkt cap ! $106.7M
Open High Low Value Volume
5.4¢ 5.7¢ 5.2¢ $465.3K 8.764M

Buyers (Bids)

No. Vol. Price($)
3 69900 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 50 1
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Last trade - 15.30pm 23/06/2025 (20 minute delay) ?
ESR (ASX) Chart
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