You wouldn't because they can just as easily drop below 10c. You need a clear gap between head and exercise price to make it worthwhile.
While we are at the penny dreadful zone the SP can move quite wildly for no apparent reason.
Options often get exercised close to expiry if there was reason to do so.
Time to start turning the ore into billets !, page-28
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $125.9M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.5¢ | $168.6K | 4.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1670812 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 300000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| M4M (ASX) Chart |