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4.17%

1.3¢ bph energy ltd

Well that's interesting, I'd never heard of such a thing.The...

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Stickshift

8,009 Posts.

2117

21/08/24

20:51

Post #: 75313219
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Originally posted by mode1971: ↑

Stickshift,

Rubbish, precedent exists with ASR.

They issued new options to expired holders at 1 for every 2 held @ 0.1c.

The 0.1c was issue price, not there strike.

But it requires shareholder approval, if not a resolution at the annual meeting it will not occur.

To other holder bout exercising.

If someone paid 0.5c for options, exercised at 3c
Cost is 3.5c.

If sold at 1.8c, 1.7c a share loss

You be 1.2c worse off than just letting the option expire.

If wanting bph long term, best buying the shares at 1.8c, let the options expire. The loss is automatically a cgt loss event.

If exercised, no cgt loss event.

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Well that's interesting, I'd never heard of such a thing.

The dilution however would be far higher.

Every day's a school day!

BPH Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 1.3¢		Change 0.001(4.17%)		Mkt cap ! $15.21M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$25	1.986K

Buyers (Bids)

No.	Vol.	Price($)
22	6937318	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	1025513	6

View Market Depth

No.	Vol.	Price($)
22	6937318	0.012
38	9462557	0.011
26	5534599	0.010
8	1379333	0.009
6	1900000	0.008

Price($)	Vol.	No.
0.013	1025513	6
0.014	1858133	13
0.015	233333	3
0.016	104966	1
0.017	512880	2

Last trade - 14.41pm 14/11/2024 (20 minute delay)

BPH (ASX) Chart