Australia's largest stock trading and investment forum Australia's #1 stock forum

SIX

Click for more information

0.00%

2.5¢ sprintex limited

I don’t have logic, took some more at 0.01

First 3 Last

Share
Profile

Follow
DylzGc

1,272 Posts.

73

10/11/23

15:22

Post #: 70834917
Share

Originally posted by jferraz: ↑

So 333333 SIXAA options converted to 2.35 million shares @ .0106c each. Instant 20 to 30% profits for SIXAA holders.
Nearly 17 million SIXAA options remain. With that continuing 20% discount, conversion will likely be at much below a cent, so say about 125m to 200m more shares will be issued. Current holders shafted by the dilution. Why anyone would buy on the market at current prices is beyond logic IMO. I wouldn't catch a falling knife.

Expand

I don’t have logic, took some more at 0.01

SIX Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 3 Last

Add SIX (ASX) to my watchlist

(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $12.36M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.5¢	$2	99

Buyers (Bids)

No.	Vol.	Price($)
1	200000	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	100355	2

View Market Depth

No.	Vol.	Price($)
1	200000	0.024
2	150000	0.023
1	200000	0.022
2	236666	0.015
1	21000	0.012

Price($)	Vol.	No.
0.025	100355	2
0.027	110000	1
0.028	121873	1
0.029	300000	1
0.030	390166	2

Last trade - 10.08am 14/05/2024 (20 minute delay)

SIX (ASX) Chart