LRS 2.63% 19.5¢ latin resources limited

With the heads trading at $0.014 then the options of LRSOB are...

  1. 88 Posts.
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    With the heads trading at $0.014 then the options of LRSOB are in the money to the tune of $0.004. For some reason still trading at $0.003. Options theory suggests it should be just shy of ~$0.007 (see link below). I have loaded up and suggest others do if they want an arbitrage opportunity and relatively easy money. Why would you buy the heads at $0.014 when you can buy the same in the money at $0.004 options with limited downside and the same upside?

    https://www.mystockoptions.com/blac...=14&x=10&t=1.5&r=4%&v=75%&calculate=Calculate
 
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Last
19.5¢
Change
0.005(2.63%)
Mkt cap ! $560.2M
Open High Low Value Volume
19.0¢ 19.5¢ 18.8¢ $3.122M 16.18M

Buyers (Bids)

No. Vol. Price($)
18 1395333 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 813308 11
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Last trade - 13.04pm 07/11/2024 (20 minute delay) ?
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