I perhaps should have emphasised the sentence to make it clearer.
You don't have to pay the strike price.
As in, in one scenario you get the free options, sell them on day one for a couple of cents, then you're share that you paid 6.2c (using your hypothetical 6.2c value), has now theoretically cost you 6.2c minus the sale price of the option, so you're buying cheaper than on market.
You are comparing apples and oranges in your scenario and ending up with an answer of bananas.
I perhaps should have emphasised the sentence to make it...
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $600.2M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.6¢ | 8.2¢ | $1.246M | 14.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 446526 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 535664 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
-0.003 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.2¢ | 4518456 | ||
| Last updated 15.57pm 03/05/2024 ? | |||||
| IMU (ASX) Chart |