MAY 0.00% 2.1¢ melbana energy limited

This close to expiry date there is more risk in buying options....

  1. 5,181 Posts.
    lightbulb Created with Sketch. 2438
    This close to expiry date there is more risk in buying options. Yes there is an arbitrage opportunity with the price gap, but there is also the risk of the heads drifting lower in the case of no material news. Oppies holders will be looking to either sell heads to pay for conversion, or sell some oppies. This looks to be keeping the price of both constrained. Post expiry we will hopefully move up.
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $70.77M
Open High Low Value Volume
2.1¢ 2.3¢ 2.1¢ $91.04K 4.108M

Buyers (Bids)

No. Vol. Price($)
15 2121433 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1168000 4
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.