Only thing stopping anyone doing that is that they would lose money while the SP is below 2.5cents.
If over 2.5cents the oppies will probably reflect the SP minus the conversion price..
But you can convert and sell whenever you like.
Sale Of Options, page-2
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $93.91M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.5¢ | $14.00K | 551.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 391569 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 432421 | 1 |
View Market Depth
| Last trade - 15.40pm 09/07/2024 (20 minute delay) ? |
| BCN (ASX) Chart |