Well.....I see that there is nearly the same amount of opts @ 1.5 c( exercise price ) due to expire before 30 June 2021, if they were exercised then the company would have nearly 1,4 Billion shares on issue. I don't think they like that idea , so I tend to think that the share price will stay where it is until after the opts expire . I would not pay up @ 1.5 if the shares still trading at 1.3 & below, why would I pay 1.5 to exercise when I can buy on the market for Less ???........hmmmm unless prior to June they come out with some U Bute announcement.......that makes the shares go to say 3c + , in that case I would exercise the opts at 1.5 and then sell at 3c +...100% + profit.........if it was me running the company I would wait until the options expire in June only a few months now and then come out with a U Bute announcement , the shares go up and then do Capital Raise at higher price , they will need extra funds to drill in the future.
anyway just my thoughts, time will tell
Cheers D.Y.O.R
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3.3¢ |
Change
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Mkt cap ! $3.812M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.3¢ | $5.556K | 161.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 322763 | 3.3¢ |
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Price($) | Vol. | No. |
---|---|---|
4.5¢ | 53500 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 322763 | 0.033 |
3 | 113000 | 0.032 |
1 | 253980 | 0.031 |
2 | 199998 | 0.030 |
1 | 1281 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 53500 | 1 |
0.048 | 15000 | 1 |
0.049 | 80006 | 4 |
0.050 | 40000 | 1 |
0.054 | 180500 | 1 |
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