Its not hard actually. Current market price is about $0.30...oppies trading at $0.20. This mean the market price is low in theory. Buying oppies at $0.20 and exercie it will mean the market price of MZM should be worth $0.40 in theory. he high volume you see in oppies means people r confident the price will go up.... the price that is trading reflects the market reaction of the announcement... which is bad... overall, if you are holding, you should see it trading around $0.40 some time in future because th eoppies are very limited copare to teh share... oppies are like the future price of MZM.... good luck!
something brewing, page-2
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $52.20M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 24.0¢ | $15.34K | 62.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41909 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 13600 | 1 |
View Market Depth
| Last trade - 15.32pm 21/06/2024 (20 minute delay) ? |
| E25 (ASX) Chart |