Hi Saragian
Hi I have serious questions about your last post and I quote
".why pay $1.20c. per OPTION (in 6 months time?) when you can (probably) buy the same SHARE for around 90c. after today's close."
The options can be exercised for $1.20 at any time up until the close of trading 6 April 2024 that's a little over 24 months from now. Why would anyone in their right mind exercise them in 6 months time. You can't buy these options they are not tradeable. To get the options you need to be holding shares on the record date (16 March) and then take up the 1/12 RTS at 0.90. Then you will receive 1 Option for every 2 RTS you take up. For those options that a long time free ride before option holders have a decision to make.
I suspect you have every little idea of what this RTS and options prospectus is about and how to take advantage of it.
I suspect your logic is flawed.
cheers Lies
Hi SaragianHi I have serious questions about your last post and...
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Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $53.35M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 39.0¢ | $10.71K | 27.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 4633 | 1 |
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| Last trade - 15.37pm 12/06/2024 (20 minute delay) ? |
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Last
39.0¢ |
Change
-0.010 ( 2.50 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 40.5¢ | 39.0¢ | 10270 | ||
| Last updated 15.37pm 12/06/2024 ? | |||||
| SMN (ASX) Chart |