Can I ask a question about the options. I apologise if this may seem a bit simple but I dont have a lot of experience. From the discussion in this thread, I assume the options will have their own ticker code & can be purchased and sold and sold on market? (is this correct). Also lets assume the company starts to do well & the share price rises to say 4c in the medium term and the future prospects look really good (probably dreaming). Can I actually convert the option to an ordinary share. If so, Is the April 2027 date the latest time I can do this (options expire on this date) or is that the earliest date I can convert to an ordinary share. How would an option be convered to a full ordinary share?
Also an unrelated question. I have a sell order at 1.2c -my plan was to sell & rebuy in the cap raise but with the attached option (yes I was too slow in putting in the order). Failing a good annoucement by the company (unlikely), am I correct in thinking there is near zero chance that the share price could get back up to 1.2c. Should I not be greedy and just sell at 1c - and at least I have the options attached to the same shareholidng I currently have (Im not in a position to increase my holdings - so I accept i will be materially diluted - but I guess with the options -there remains hope for a recovery of my position in the future).
Your view are appreciated.
thankyou
- Forums
- ASX - By Stock
- Rights Issue
Can I ask a question about the options. I apologise if this may...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OSL (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $16.66M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $2.867K | 573.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4186862 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 15328756 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 4186862 | 0.005 |
30 | 24439465 | 0.004 |
6 | 4873298 | 0.003 |
6 | 5457516 | 0.002 |
4 | 7800000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 15328756 | 23 |
0.007 | 29138909 | 20 |
0.008 | 9343848 | 9 |
0.009 | 12462253 | 5 |
0.010 | 6693666 | 5 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
OSL (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online