We discussed this before. In case you have forgotten, the options had exercise prices ranging from $4 to $10. I.e. they will either lapse worthless meaning they are not going to be an expense of any sort, or they will be exercised to convert to ordinary shares but in doing so the option holder will pay between $4 and $10 per share. That is the equivalent of the company doing a capital raising at a good premium to the current price to raise cash.
That net decrease in cash partly reflects payments for stock to provide to resellers ahead of Christmas and the fact that those resellers are slow to pay MGM.
- Forums
- ASX - By Stock
- SPA
- The Big Picture
The Big Picture, page-17
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPA (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.949M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 269 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.018 |
3 | 556407 | 0.017 |
4 | 543696 | 0.016 |
2 | 200000 | 0.015 |
3 | 335780 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 269 | 1 |
0.020 | 98267 | 2 |
0.021 | 201579 | 1 |
0.022 | 609361 | 3 |
0.023 | 550000 | 2 |
Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
HCH
Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
SPA (ASX) Chart |
Day chart unavailable