With PTXOC consistently trading at a 1.5 to 2 cent discount, I’m thinking the smart play is to start converting early, bank the profit on the heads, reinvest these funds back into options., and repeat.
This gives PTX cash and reduces options on market.
any thoughts?
in theory should be better to hold the options but the discount has persisted for near on 12 months now.
PTXOC discount
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 (20min delay)
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.04M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.5¢ | $98.21K | 2.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 472315 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 868129 | 2 |
View Market Depth
| Last trade - 15.51pm 06/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.000 ( 6.05 %) |
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| Open | High | Low | Volume | ||
| 4.7¢ | 4.7¢ | 4.5¢ | 1078953 | ||
| Last updated 15.39pm 06/05/2024 ? | |||||
| PTX (ASX) Chart |