QAN 0.63% $4.77 qantas airways limited

QAN--new strike prices for etos...

  1. 159 Posts.
    New strike prices for etos.The old August $4.75 will now trade as ???
    Number of new shares per contract at ratio of 1:8 will be 125.
    So new contract will be 1125 shares.
    Old contract was worth 1000 x $4.75 = $ 4750
    New contract 1125 x $ x = $ 4750
    So the new strike price will be 4750 div by 1125 =4.22
    or $4.22.
    Am I right. Appreciate gentle correction.
    Also the equivalent adjusted price to last traded price of $4.69 is $4.16.
 
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Last trade - 16.10pm 07/05/2021 (20 minute delay) ?
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