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3.5¢ biotron limited

Next week's SP, page-16

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mcexplorer

15,728 Posts.

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27/10/18

10:51

Post #: 36283081
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Originally posted by Selvan ↑

The OA lets you buy the shares at 6c prior to 31 Nov 2018. So the only time not to convert them would be if the SP falls below 6c.

Even if the SP falls to 8c, you would still be 2c better off converting, than if you let them expire.
If you do not have the funds to convert them; then sell them prior to 15Nov which will give the new owner a couple weeks to convert them.

Letting them expire will mean that you get nothing back.

I will be converting mine next week; cannot see the SP going below 6c. People holding the Head Shares may have some advantages over option holders if there is a CR at a discount to the SP . . . . . . maybe with some BITOC's attached for good measure LOL.

.

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6c fee is the conversion fee. If you buy it on market like 10c per share, the actual cost is 16c. If got it for free, 6c only.

BIT Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 3.5¢		Change 0.002(6.06%)		Mkt cap ! $31.57M

Open	High	Low	Value	Volume
3.3¢	3.5¢	3.3¢	$19.27K	566.6K

Buyers (Bids)

No.	Vol.	Price($)
1	299989	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	371664	3

View Market Depth

No.	Vol.	Price($)
1	299989	0.034
3	240016	0.033
2	242406	0.032
6	600480	0.031
9	670666	0.030

Price($)	Vol.	No.
0.035	371664	3
0.036	65500	1
0.037	767816	3
0.039	430546	2
0.040	113240	2

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