theres 600 million options for shares at $0.012 and they have an expiry date in november this year. and 1500 million current shares on market
Everyone will exercise their options before then, and Andromeda will dilute the shares on issue by adding an extra 600 million, and dump them at anything they can get above $0.012.
With the current economic climate and this... i can see this stock going to 20c easily.
watch out about the options contracts. i get the feeling the people with the options contracts share a bed with the people writing the options contracts (Andromeda)
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Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $15.19K | 1.747M |
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No. | Vol. | Price($) |
---|---|---|
53 | 15483053 | 0.8¢ |
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Price($) | Vol. | No. |
---|---|---|
0.9¢ | 18776252 | 23 |
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No. | Vol. | Price($) |
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52 | 14858053 | 0.008 |
60 | 27772261 | 0.007 |
32 | 14459823 | 0.006 |
15 | 13806000 | 0.005 |
6 | 7700000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 18776252 | 23 |
0.010 | 9584819 | 14 |
0.011 | 27386522 | 9 |
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