STL 0.00% $1.90 stargroup limited

Ann: STL Investment Upwardly Revalued, page-8

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  1. 88 Posts.
    lightbulb Created with Sketch. 9
    The most recent announcement shows the details ( http://www.asx.com.au/asxpdf/20170823/pdf/43lnc0sx808123.pdf ).

    Excercise price = $0.05
    Expiry = Nov 2018
    Black scholes value (assuming 100% volatility) = $0.005  
    ( https://www.mystockoptions.com/blac...2&x=5.0&t=1.3&r=4%&v=100%&calculate=Calculate )

    They were released today and some people seem to be selling at any old price even though they are worth about $0.005. I give it another month or so to shake out this excess supply until they start trading again at their fair value. Note they were selling for $0.009 like a couple of weeks ago!!!
 
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