Exactly, that buy order for 4,000,000 oppies at 0.1c has been there for months. I have a feeling that the fella who set it up forgot about it and wasn't expecting it to be filled. Hopefully the fella has the money to execute (nearly $160k).
Even if heads does increase over the next few weeks, I don't think it's going to be high enough to push the oppies into the money. And thus no one in their right mind would buy the oppies as it would cost more to exercise than it would to buy the heads outright.
Ann: Response to ASX Aware Query, page-59
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.483M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.577K | 315.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5350000 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4430177 | 5 |
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| Last trade - 11.49am 26/07/2024 (20 minute delay) ? |
| SGC (ASX) Chart |