Anon,
these are not ASX ETOs ... they are company issued options ... slightly different rules ... no market maker for these I'm afraid ... fair value as Karl and someone else said yesterday is nearer 7.2c than current 5.4c
Only shining light is that they are now in the money and therefore we should see the market catch up to fair value otherwise some arbitrage (ok, I know its not quite arbitrage, but the price is now in the favour of the buyer ... like blackjack at a casino) opportunity exists.
whats the go with ctpo ??, page-3
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