I hope whoever just bought VR8OA at 1.3c knows what they are doing?
Just to make it clear, the strike price is 12c, and they expire in a few months.
So you are hoping in a few months the price will be at least over 13.3c to be exercised at a profit. Or you're purely taking a gamble on being able to trade out of it soon at a higher price to some other idiot.
Its not impossible but unless you know for sure this is going to be pumped, that could be one of the dumber buys I have seen in a while. Can only laugh if it works out, i hope it does for that person.
Imo there's not enough 'friends' holding options for it to matter to management if they expire or not.
There were only 51 holders last report.
I've been hammered on expiring options in the past, so be careful if you are just a retail punter here.
I hope whoever just bought VR8OA at 1.3c knows what they are...
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.21M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.5¢ | 4.4¢ | $9.378K | 212.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
0.000 ( 2.22 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.5¢ | 4.4¢ | 6816 | ||
| Last updated 13.39pm 02/05/2024 ? | |||||
| VR8 (ASX) Chart |