I would keep the options because you have a guaranteed price for the new shares regardless if they rise or fall. Use the money you were going to use to exercise options to buy new shares in the priority offer if you want more.
Overall you should be better off by maintaining the leverage.
For example for every 70 cents you pay to exercise options you get about one free share. If you use that money to buy in the priority offer you would get 3.5 shares.
I would keep the options because you have a guaranteed price for...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.07M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $4.781K | 45.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 72172 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 131553 | 5 |
View Market Depth
| Last trade - 13.00pm 06/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.5¢ | 49471 | ||
| Last updated 13.00pm 06/05/2024 ? | |||||
| MAG (ASX) Chart |