RHK 2.50% 82.0¢ red hawk mining limited

To be realistic, I do think holders have to be ready for the...

  1. 3,702 Posts.
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    To be realistic, I do think holders have to be ready for the fact that even if a decent number of assays are reported, and some of these results are good, or even great, the share price may jump up and fluctuate around a bit, but still may not sustain prices that would induce the excercise of the bulk of options.

    Over the next few trading days, IMO if they get back over 10c at all, the heads will have to sustain prices into the teens for some time before the options catch up to intrinsic value, as there will be many oppie holders who will not want to excercise, but will want to sell on market.

    Would not be surprised if, and that is a big if, FMS was trading at 13c with a few trading days to go till mon the 22nd of sep, that the oppies would be going for about 1.5c.

 
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Last
82.0¢
Change
0.020(2.50%)
Mkt cap ! $163.8M
Open High Low Value Volume
82.0¢ 83.0¢ 82.0¢ $1.746K 2.125K

Buyers (Bids)

No. Vol. Price($)
1 42 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.5¢ 7842 1
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Last trade - 14.11pm 25/07/2024 (20 minute delay) ?
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