I like that explanation
Maybe L4L should write disclaimers.
"Could...If.
Maybe worth a little punt."
It all makes so much sense now.
The real question is: why aren't the options matching up with the share price?
My guess: Because many of the option holders are traders who don't intend to exercise. If they did, they would have bought options today for 0.3c (and exercised), instead of buying heads for 11c.
Joel
options should have risen 500percent, page-6
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Last
75.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $149.8M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 76.0¢ | 75.0¢ | $7.462K | 9.894K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7035 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 12268 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |