MSB 1.75% $1.60 mesoblast limited

options help question with image !

  1. 8 Posts.
    Looking for help on understanding options,I know the general terms and how it works. Just curious when comes to this option below. Is it saying you are buying the right to purchase 100 shares at 10$ a piece with a premium of 605$? Sooooo you could exercise right away correct and sell for the current 16.98$? Thus making an instant profit?? Is this the case? or am I not understanding it completely. The community is awesome and figured good place to ask!

    https://hotcopper.com.au/data/attachments/2679/2679980-4224c7fc3de712d6e6ec5e8e6a38f575.jpg

 
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