Odysseus
If you re-read my post, it is not the size of the holding, but the share/option split that I discussed. It is a fact that the payoff structure for options is one-sided - just ask the option traders.
It is in the interest of shareholders to be able to trade. If the price goes down, holders can choose to sell or not. depending on their view of the price. If holders are margined and forced to sell, so be it - it is their funeral and this is a risk you take when you margin up. Margined share holders should not be a consideration in whether to lift the suspension or not.
Anyhow, enough waiting for an announcement - am off to the park with my little fella.
massive sell once they start trading, page-6
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $61.35M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 21.0¢ | $1.035K | 4.928K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22957 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 5000 | 1 |
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| Last trade - 10.07am 07/10/2024 (20 minute delay) ? |
| NXS (ASX) Chart |