AQD 10.0% 1.1¢ ausquest limited

why would anyone do this

  1. 19,064 Posts.
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    people are buying the options at 1c. if they add the 20c to exercise then its costs 21c. so for a purchase of 100,000 it would cost 21k. they can buy 100k for 19c saving 2k.
    so it must be traders not long term holders. because a long term holder would buy on market as its cheaper.
    now if its a gamble the options will be in the money, they guy that wants 1 mill is brave or knows something. of course if the shares go to 22c the guys sells his options for 2c and doubles his money, so that could be the reason.
    i think 20c by end of week maybe
 
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