Kind of?
You buy the option and can convert it to a head at any time you feel like for 1 cent. So you can buy a $0.004 option and wait until the head price is a dollar and only pay $0.014 per share.
Obviously we arent about to have a 2.8 billion dollar company on our hands so that is not going to happen but you get the idea.
the competition, page-26
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.8¢ | 16.0¢ | $1.583M | 9.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2339659 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 784930 | 5 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |
