I'm probably not the best to ask but I'll give it a go.
You buy them on market (currently trading at 1.1c) IMUOA.
They expire in Nov 2020 worthless unless exercised.
Exercise price is 2.6c per option.
So currently your better to buy the heads at 2.2/2.3 but this is punting on the future SP.
You can just trade them same as the shares (heads) or exercise the options (tails) and turn them into shares at any time before the expiry. If exercised the company gets the money for the new shares and if the share price has sky rocketed in the future you get to buy cheap shares (hopefully) which you can then dump on market lol
Told you so!! IMU heading to $200m Mkt Cap, page-32
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |