HDY 0.00% 0.4¢ hardey resources limited

Options priced at 0.001 with exercise of 0.02 Current price is...

  1. 650 Posts.
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    Options priced at 0.001 with exercise of 0.02

    Current price is 0.03. Does this just present a straight arbitrage or am I missing something?

    Example at 2million options below with a profit of $18k....

    Column 1 Column 2 Column 3 Column 4
    0 {colgroup}
    1 {col=76x@}{/col}{col=60x@}{/col}{col=86x@}{/col}{col=100x@}{/col}
    2 {/colgroup}
    3   Price Number Value
    4 Options 0.001 2,000,000 2,000
    5 Strike 0.02 2,000,000 40,000
    6   0.021   42,000
    7        
    8 Underlaying 0.03 2,000,000 60,000
 
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