Hi guys...
Hmm...i need your help.
My father passed away and im trying to figure out his finances. It seems that my father is holding RMIO options. Now, i really dont fully understand how options work...but its sitting at 0.001 now. Can you guys please help me with a few questions...
1) Were the options given for free upon owning RMI shares? or you have to buy the options?
2) Im confused. On the ASX website for RMI
http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=RMI&companyName=&principalActivity=&industryGroup=NO#details
it says...
Exchange Traded Options
No options are available over the security RMI
But isnt RMIO options!?
3) If i exercise the options...what does this mean? I buy the RMI shares at a given price?
I really appreciate this. Im so lost, and the options expire soon.
Thanks very very much!
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No. | Vol. | Price($) |
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1 | 600000 | 0.017 |
1 | 120000 | 0.016 |
2 | 400000 | 0.015 |
1 | 118000 | 0.011 |
Price($) | Vol. | No. |
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0.024 | 10000 | 1 |
0.025 | 61578 | 1 |
0.028 | 20000 | 1 |
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0.035 | 456572 | 1 |
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