Yes the oppies are well in the money. Trouble is the head shares will slump from today because many of the people who bought in order to increase their entitlement will off-load but keep the opts. That is on top of the expected drop in value from going ex-rights.
They go ex-rights today and so I thought that meant yesterday (20/10/21) was the final day to buy shares with the rights? Under T2, they have to close off 2 days before the Record Date (which is 22/10/21).
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Yes the oppies are well in the money. Trouble is the head shares...
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