Is that one conversion is about 3% of the total listed option register?
While the arbitrage remains there is opportunity to take advantage, effectively beating the market for heads by around 20% at today's price, all day without the shareprice having to move an inch.
smart move while it lasts!
but as I said 'nature hates a vacuum' and the opportunity will close as the oppie register shrinks with each conversion, tightening both the register and the gap.
Ann: Appendix 3B - Option Exercise, page-3
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Last
78.0¢ |
Change
0.040(5.41%) |
Mkt cap ! $1.116B | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 78.0¢ | 72.0¢ | $7.783M | 10.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3090 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 123271 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| DRO (ASX) Chart |
