There is absolutely every logic in buying the options as there is no obligation to convert them and pay the 3c. It gives you a controlling stake over a share and they have 418 days to run which is about the time RNU will be constructing their mine. They do not have the liquidity of shares but they are trade-able and not manipulated. They also move in line with the main shares, and as can be seen currently, a lot closer than a 3c gap so the percentage gains to be made on the options are far greater than the main shares. I did not buy the options on Friday but I hold a bucket load of them....plus heads
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Last
7.0¢ |
Change
-0.002(2.78%) |
Mkt cap ! $223.6M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 7.0¢ | $116.5K | 1.636M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 263553 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 130339 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 126315 | 0.096 |
3 | 163394 | 0.095 |
1 | 10000 | 0.094 |
1 | 50000 | 0.093 |
2 | 150000 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 90000 | 1 |
0.100 | 1024293 | 2 |
0.105 | 1077076 | 22 |
0.110 | 1141932 | 15 |
0.115 | 997986 | 13 |
Last trade - 14.38pm 19/11/2024 (20 minute delay) ? |
RNU (ASX) Chart |