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
- Why IMU is a multi multi bagger
Imugene OptionsHi Everyone.I have a lot of IMUOE's from the last...
-
- There are more pages in this discussion • 4,194 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
|
|||||
Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $431.8M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.6¢ | $1.037M | 17.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 1882949 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 399643 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1874329 | 0.058 |
9 | 1728227 | 0.057 |
23 | 4466894 | 0.056 |
27 | 3648665 | 0.055 |
8 | 305000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 1360 | 1 |
0.060 | 2622845 | 17 |
0.061 | 773907 | 4 |
0.062 | 2227969 | 6 |
0.063 | 243179 | 3 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
IMU (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online