He can do that or just come up with $1,875 and have 52500 shares the difference would be at $30
51250 x 30 =$1,537,500
VS
52500 x 30=$1,575,000
Loss of $37,500
and to drop it 5c as you are saying as it's $1.55 currently
If he holds 100,000 as I think he even holds more his sell order will wipe off $5,000 off his holdings for every 100,000 shares he holds if he drops it 5c
just for $1,875
I'm just saying people got to do what they have to don't miss out on the option
"I would not miss out on the options"
I would probably sell to convert if I had no choice I guess but I'll try every other option before selling.
But that's me I'm greedy for RAC shares
He can do that or just come up with $1,875 and have 52500 shares...
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Last
$1.77 |
Change
0.015(0.86%) |
Mkt cap ! $300.6M | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.82 | $1.77 | $91.78K | 51.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31147 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 8318 | 1 |
View Market Depth
| Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |