RAC 0.00% $1.46 race oncology ltd

That's true BK.But for decision-making now, it's more...

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    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.)
 
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