I think you'll find they will pick up any of the unexercised options and pay 1 cent to convert them to a fully paid share . I think currently we
have 25o million options to be exercised before May 16 . The underwriter would have to stump up approx 2.5 mill dollars for the options if option holders chose not to exercise them , unlikely but no doubt they'll pick up a few from busy , uninformed option holders . Good outcome for the company is the company is guaranteed receiving these funds (negating the need for a raisining ) replenishing the bank enabling further exploration and we go on to prove up 1 mill oz in quick time at a good grade .
Fingers crossed
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $51.81M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $87.49K | 7.534M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 20884956 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 11814202 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 20884956 | 0.011 |
54 | 20852853 | 0.010 |
33 | 13809155 | 0.009 |
18 | 8352820 | 0.008 |
4 | 2250000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 11814202 | 13 |
0.013 | 11067216 | 8 |
0.014 | 7141789 | 10 |
0.015 | 4568929 | 9 |
0.016 | 4415631 | 10 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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