That's true BK.
But for decision-making now, it's more useful to know the profit on execution of one bonus option.
EXCLUDING THE TIME VALUE
P on execution of one bonus option
= (S - 0.75) + 3 (S - 1.25)
= 4S - 4.50
For S = 1.60
P = 4 × 1.60 - 4.50
= 6.40 - 4.50
= 1.90 excluding the time value
Anybody letting their RAC bonus options lapse should be barred by ASIC from owning direct shares (for their own protection.)
Race options thread, page-786
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Last
$1.45 |
Change
-0.005(0.34%) |
Mkt cap ! $242.5M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.43 | $62.91K | 43.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 591 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.005 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $1.44 | $1.49 | $1.43 | 9034 | ||
| Last updated 13.08pm 24/05/2024 ? | |||||
| RAC (ASX) Chart |