MFE 0.00% 1.0¢ magnetite mines limited

well bid, page-6

  1. 2,055 Posts.
    lightbulb Created with Sketch. 3
    yes its been a good day.
    Theoretically the options are undervalued tonight by 6c.

    Here is how it works....
    heads 25.5c
    10c options value 15.5c in the money (no time value)
    12c free attaching options value 13.5c in the money (no time value)

    therefore total value = 15.5c & 13.5c = 29c

    If the head were at 40c
    10c options = 30c
    12c options = 28c

    total value = 58c

    however you will struggle to get the options.
    So it looks like the heads are starting to be traded again.

    cheers
 
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