Imugene Options
Hi Everyone.
I have a lot of IMUOE's from the last cash raise, but a search under options just talks about puts and calls.
I am trying to establish a rule of thumb as to when a normal option like an IMUOE is good or great value.
I did a calculation today that if I bought $10,000 worth of IMU at 11c buying 90,910 shares, versus $10,000 worth of IMUOE at 6.2c buying 161,290 options while still requiring $19,302 to exercise at 11.8c.
Therefore real cost is 90,910 IMU shares is $10,000, while
real cost for 161,290 IMUOE converted shares is $29,032.
With a nominal terminal selling value at 50c, is $45,455 for 90,910 IMU shares, this gives a 354% return, and a profit of $35,000.
While the terminal value at 50c is $80,645 for 161,290 shares, a return only of 178% and more risk, BUT the profit would be approximately $51,000.
Unsure as to which way to go, any advice on my maths or understanding of options will be appreciated.
- Forums
- ASX - By Stock
- IMU
- Why IMU is a multi multi bagger
Why IMU is a multi multi bagger, page-20726
-
- There are more pages in this discussion • 4,764 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMU (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.6¢ |
Change
-0.001(1.75%) |
Mkt cap ! $411.5M |
Open | High | Low | Value | Volume |
5.6¢ | 5.7¢ | 5.5¢ | $390.3K | 7.001M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 124999 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 1243276 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 124999 | 0.056 |
16 | 3368018 | 0.055 |
17 | 1759714 | 0.054 |
17 | 2548904 | 0.053 |
18 | 1445326 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 1243276 | 11 |
0.058 | 1322759 | 8 |
0.059 | 578706 | 3 |
0.060 | 1958212 | 14 |
0.061 | 1091000 | 7 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |