Yes, that's a better simplification Index.
To further assistant in decision making, here is a ready reckoner showing the Profit & Simple Return for any Option & Piggies exercised and then sold at the current SP.
(1) Profit per Exercised Option calculated as per Index's formula above
(2) Simple Return calculated as (P-1.125)/1.125
where 1.125 is average cost of new shares ie (0.75 + 3x1.25)/4
Further highlights that at the current SP, anybody letting their options lapse needs their head read.
Race options thread, page-787
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Last
$1.46 |
Change
-0.055(3.64%) |
Mkt cap ! $243.3M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.50 | $1.46 | $53.63K | 36.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8175 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 3506 | 2 |
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| Last trade - 13.41pm 23/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.055 ( 2.71 %) |
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| Open | High | Low | Volume | ||
| $1.46 | $1.50 | $1.46 | 12106 | ||
| Last updated 14.16pm 23/05/2024 ? | |||||
| RAC (ASX) Chart |