Hmmm... consistent with current trend of Issuer manipulation by tanking I/Vol into underlying rallies ... the 'desperate of the day' award goes to SGA ...
CBAWGN has been tanked on open to $0.235/$0.240 which equates to 0.00% Imp/Vol.
Historical Volatility showing 11.27% representing the narrow recent Underlying trading range.
Recent Imp/Vol has been in the 13.5-10.5% range representing reasonable value ... the drop to 10.5% was as you guessed it at a recent upside movement causing CBAWGN holders the usual (wot the fark!!) grief.
If SGA had held the Imp/Vol at last weeks ave (10.5%) then todays FAIR VALUE would be $0.2573 or +9.5%.
This difference might first seem small but considering that CBAWGN is trading at $0.19 intrinsic (Strike $26.50) the Imp/Vol antics really translates into another 35.4% rip-off.
Note: Parity's data for this Warrant Offering interestingly is showing "N/A" for Imp/Vol ... wonder why guys ???
It's just wot we are having ...
This is only my view ... read the red stuff.
cbawgn ... implied vol = 0.00%
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 (20min delay)
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Last
$117.54 |
Change
0.450(0.38%) |
Mkt cap ! $197.8B | |||
| Open | High | Low | Value | Volume |
| $117.71 | $118.35 | $117.25 | $174.5M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5141 | $117.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.58 | 591 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$117.68 |
Change
0.450 ( 0.25 %) |
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| Open | High | Low | Volume | ||
| $117.74 | $118.35 | $117.26 | 80084 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| CBA (ASX) Chart |