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
$1.79 |
Change
-0.075(4.02%) |
Mkt cap ! $315.0M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.86 | $1.78 | $230.4K | 126.1K |
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| No. | Vol. | Price($) |
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| 2 | 1042 | $1.78 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 13563 | 2 |
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| Last trade - 14.08pm 14/06/2024 (20 minute delay) ? |
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Last
$1.76 |
Change
-0.075 ( 6.18 %) |
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| Open | High | Low | Volume | ||
| $1.81 | $1.86 | $1.76 | 17537 | ||
| Last updated 14.38pm 14/06/2024 ? | |||||
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