Buy 1 option today and receive 3 piggies for a total of 4 shares once converted at a cost of .75 + 1.25 + 1.25 + 1.25 = $4.50
Or buy 4 shares on market at 0.85 at a cost of $3.40
What am I missing? Is this one of the questions you should know the answer to in order to be called sophisticated?
I understand the time frame and cash upfront conversation but I just see discount.
Purchased another 20k units today so please don't respond if your answer is going to upset me.
GL all, not many days in march left to receive RC 220
Buy 1 option today and receive 3 piggies for a total of 4 shares...
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 (20min delay)
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Last
$1.75 |
Change
0.180(11.5%) |
Mkt cap ! $296.8M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.80 | $1.58 | $772.4K | 450.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2354 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 525 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.75 |
Change
0.180 ( 11.2 %) |
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| Open | High | Low | Volume | ||
| $1.60 | $1.80 | $1.58 | 22024 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| RAC (ASX) Chart |