CTP 0.92% 5.5¢ central petroleum limited

Can someone explain these options a bit more?What advantages are...

  1. 48 Posts.
    Can someone explain these options a bit more?

    What advantages are there in buying the options.

    If i buy 10,000 options at 10c...
    then decide to buy the shares at 25c in 2 years...am i not losing more money than buying more shares at 0.20c now?

 
watchlist Created with Sketch. Add CTP (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
0.001(0.92%)
Mkt cap ! $40.70M
Open High Low Value Volume
5.5¢ 5.8¢ 5.4¢ $168.4K 3.040M

Buyers (Bids)

No. Vol. Price($)
1 462981 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 107230 1
View Market Depth
Last trade - 12.16pm 01/10/2024 (20 minute delay) ?
CTP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.