Thanks to you and Index, lending or giving my niece the conversion money is an option I have considered. I rather she takes a little time to learn about the options. “Give a person a fish and he/she eats for a day, teach them to fish and they eat for a life time”.
However, if she does convert the options her self, the resulting x3 piggies will be in my niece’s name and we will to the same situation 2 years from now … but x3 the problem at a higher strike price of $1.25. Of course, this will be a non-issue if RAC receive a blockbuster offer prior to piggy expiry and everyone’s piggies gets cashed out.
I noticed you didn’t mention the piggies in your reply … so reading between the lines, as I seem to recall you have asked readers to do, I will take that as an indication that you think piggy conversion will be a non-issue in the future and my niece will not have to take action on the piggies.LOL
Thanks to you and Index, lending or giving my niece the...
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Last
$1.22 |
Change
0.030(2.52%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.22 | $1.16 | $78.70K | 66.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 4561 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
0.030 ( 0.42 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.22 | $1.16 | 11297 | ||
| Last updated 15.56pm 07/05/2024 ? | |||||
| RAC (ASX) Chart |