Just wondering if anyone else has seen this.
GTE trading @ 35.5 / 36c
GTEO 14c or so
Calculation is
Buy 100,000 @ say 14.5 cost $14,500
Convert to exercise price of 30c cost $15,500 = 30c exercise price takes 3 days to convert to head shares.
Sell 100,000 Friday @ market 35.5./ 36c
Returns $35,500 outlay was $30,000 or so
Profit $5,000 to $5,500 3 days ?
Is this correct !!!
options
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.18M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 199215 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 50000 | 1 |
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| Last trade - 16.12pm 02/07/2024 (20 minute delay) ? |
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