I really don't think they are worth exercising. For a 1 cent dividend? Fully franked. On $1.10. Just over 1%. Call it 2%pa. Or 2.5% if you must.
If you are borrowing the money to convert, then not sure why you would.
If you are not borrowing, then I'm sure you can get more than 2% elsewhere.
If they have a good run over next 6months and they raise the dividend, you've missed out on nothing and can convert then.
If market tanks over next 6 months, then you haven't lost your money and may even pick up Wle at under 1.10. Look at Fgg right now. They were trading at 1.20 at one point. Now 1.05 with options with exercise price at 1.10.
Actually I'd be buying them at 1.05 before exercising wleo.
Just my opinion. Of course.
WLEO, page-12
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Last
$1.36 |
Change
-0.010(0.73%) |
Mkt cap ! $1.858B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.36 | $1.567M | 1.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 140588 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| WLE (ASX) Chart |