Australia's largest stock trading and investment forum Australia's #1 stock forum

STL

Click for more information

0.00%

$1.90 stargroup limited

Big future premium attached, would be interested if the exercise...

First 9 Last

Share
Profile

Follow
McKhenry

726 Posts.

64

25/08/17

13:28

Post #: 26760027
Share

Originally posted by amac4291 ↑

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/black-scholes.cfm?ticker=&s=2.2&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!!!

Expand

Big future premium attached, would be interested if the exercise price was lower, been stung with oppies in the past, even though not too far off yearly high

STL Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

AXP

Tambourah chases gold veins and mineralisation extension with drilling

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 20 more messages in this thread...

First 9 Last

Add STL (ASX) to my watchlist