The risk, especially in this market, is the SP runs on the announcement, all going very well (might not happen) but if it does run, the temptation is to excercise.
Conversion and receipt of stock takes a few days, SP could be back below strike by then. Also converted stock might flood the market and push price back down to 10c (if indeed it was over 10c)
So that will be my dilemma as I hold oppies. But also hold my heads and will continue to do so through the drilling program.
option games, page-22
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Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $175.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 87.0¢ | $3.573K | 4.084K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1814 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.50pm 21/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |