MAY 4.35% 2.2¢ melbana energy limited

I'm struggling to understand why the oppies are trading at a...

  1. 191 Posts.
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    I'm struggling to understand why the oppies are trading at a 4.2c spread when the exercise price is 3.5c. I realise that option prices aren't in lockstep with SP, but this close to expiry date you'd think they'd be much closer together.
 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $74.14M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $44.07K 1.993M

Buyers (Bids)

No. Vol. Price($)
13 1381386 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 713885 8
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Last trade - 13.08pm 04/09/2024 (20 minute delay) ?
MAY (ASX) Chart
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