RR1 reach resources limited

Hey all, just wanted to confirm something with RR1O. Typically 1...

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    Hey all, just wanted to confirm something with RR1O. Typically 1 option contract = 100 shares right? So if I wanted 100,000 shares I would buy 1,000 option contracts. The current price is $0.005 so 1,000 contracts should cost $500. When I put 1,000 quantity in Commsec the cost is $5 + brokerage so it looks like the RR1O quote is for one share and not one contract? I have never bought options through ASX before so just wanted to confirm.
 
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Last
0.9¢
Change
0.001(12.5%)
Mkt cap ! $7.869M
Open High Low Value Volume
0.8¢ 0.9¢ 0.7¢ $30.42K 3.826M

Buyers (Bids)

No. Vol. Price($)
2 250000 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 2071266 3
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Last trade - 14.38pm 27/06/2025 (20 minute delay) ?
RR1 (ASX) Chart
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