Also, CD will be desperate to get as many ESRO's exercised as possible so he doesn't need a CR in the near future
The only way he can guarantees that exercise is to get the SP well above 5c
No one I know would pay 5c to exercise if the SP was only sitting at 6 because that price gap doesn't give you the confidence that the SP is sustainable. Having the SP at 10-15c does provide that confidence factor & obviously the higher, the more confident you get
My average price is a bit over 1c because I picked up a truck load at .001 when they were first issued & then heaps more between .002 & .005. On the negative side, I did pay 10c for 350,000
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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12 | 4655009 | 0.004 |
20 | 15236672 | 0.003 |
10 | 7099989 | 0.002 |
8 | 15946489 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 9603218 | 13 |
0.007 | 5687850 | 8 |
0.008 | 726478 | 3 |
0.009 | 150000 | 1 |
0.010 | 1820000 | 4 |
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