Unfortunately you are completely right. Do not understand this 0.13 AUD option thing either. Instead of showing us how much they are convinced of the stock and buy on the market they write themselves new options at lower and lower prices. Is the management opinion that a company with 138Mlb Uran at Spot Price of USD 60.5(value in ground of USD 8.4bn or 80% of it) just worth AUD 65mn?
I hope one day this stock will go north.. today again south. AUD 8.8. Market value AUD 45mn.... A joke.
options at 0.13, why not lower?, page-2
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Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $121.8M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 39.5¢ | $418.1K | 1.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12818 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 8777 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |