Good post.
You missed the fact that the 14m options expire end of July so, given they are strongly in the money, we should see an extra $2.8m in cash in the next few weeks and a simplified capital structure:
- 50 million shares on issue
- Approx $20m market cap
- Approx $5m in cash
Woodman is a gun and a key asset in the Middlemas stable. I expect news flow will start once the options are cleared.
Good luck!
J9
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Mkt cap ! $9.842M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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22.0¢ | 32099 | 1 |
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No. | Vol. | Price($) |
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1 | 50000 | 0.155 |
1 | 60000 | 0.150 |
1 | 15000 | 0.145 |
1 | 30000 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 32099 | 1 |
0.225 | 83451 | 2 |
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