NZS 0.00% 0.2¢ new zealand coastal seafoods limited

Simply Put, page-21

  1. 7,057 Posts.
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    People don't normally convert oppies until they're pretty close to expiry no matter how far into the money it is. If the XTV heads is 12c next month )), then oppies would be trading around 10.5c - 11c due to a time premium placed on it for the long expiry. So it makes more sense to trade it than convert it.
 
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