LRS 1.47% 17.3¢ latin resources limited

Newbie question, if I, let say, exercise the option when head is...

  1. 101 Posts.
    Newbie question, if I, let say, exercise the option when head is 1.5 c, would the options be sold at 1.0c? Then I get automatically 0.5c profit per share?
    Or would it be exercised and converted into, pretend I bought 1M LRSOB at 0.5c, 1M LRS share and remain/appear in my account (not sold)? And from here I further hold or trade.

    Thanks
 
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Last
17.3¢
Change
0.003(1.47%)
Mkt cap ! $560.2M
Open High Low Value Volume
17.0¢ 17.5¢ 17.0¢ $1.272M 7.358M

Buyers (Bids)

No. Vol. Price($)
30 3222115 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 4600616 69
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Last trade - 11.33am 03/12/2024 (20 minute delay) ?
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