Absolutely right!!! I picked up some this morning. I also rang Computershare and they are sending me a 'conversion' form so that I can convert whenever I like, just in case it is worthwhile to have the extra shares when TRR is spun off.
I notice that the oppies are consistently being sold at a price less than the holders would get if they converted first and sold the heads. When the SP falls a pit the oppies fall enough to ensure a comparative loss to the oppie holder/seller. It makes no sense at all, especially given the leverage available to the oppie holder over the next 5 months.
Oppie Strategy et al, page-51
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $81.19M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.5¢ | $235.2K | 5.063M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 345105 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 571500 | 3 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| TVN (ASX) Chart |