Not a discount, however I have floated the idea that they may want to look at offering an incentive option for those to convert by a certain date. That may see current options holders exercise, convert to head stock and pick up a new option.
Maybe a 1:2 free option with a 6c strike?
You could get creative here in terms of the ratio of new options, strike price & expiry.
Just need to clear it with the ASX to make sure they are able to make such an offer...
Capital raising needed??, page-31
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $15.56K | 1.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 12272885 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 20153726 | 16 |
View Market Depth
| Last trade - 13.30pm 30/08/2024 (20 minute delay) ? |
| ADN (ASX) Chart |