@ma420 The cost of the options to shareholders is dilution. The cost to the company is nothing. The cost benefit to both is not burning cash that would otherwise need to be funded.
At $4.25 exercise price the market cap would be $700m+ to be in the money. Very bullish!
If the share price does not reach $4.25 the options are out of the money. Is there still an arbitrage because of the cashless exercise that mean the oppies will not be completely worthless?
@ma420 The cost of the options to shareholders is dilution. The...
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Last
$1.45 |
Change
-0.005(0.34%) |
Mkt cap ! $242.5M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.43 | $62.91K | 43.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 591 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.46 |
Change
-0.005 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $1.44 | $1.49 | $1.43 | 9034 | ||
| Last updated 13.08pm 24/05/2024 ? | |||||
| RAC (ASX) Chart |