“As for the options, their high paper value is indeed notable. However, this is a speculative figure, heavily dependent on several factors, including future market conditions and the actual exercise of these options. The estimated value of around $750,000 for these options needs to be understood in this context. It's all part of navigating the complex and often uncertain terrain of investment and corporate strategy.”
The broker was paid 6% to raise the funds
If lnr gets to 2c for example which isn’t that far off the broker will have made more than they raised already and all pretty much free
Then there is the other stuff….
If every company agreed to this type of deal then it will be near on impossible for the little guys to make money and the markets wouldn’t function anymore
This sets a bad precedent dont you think?
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $7.330M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $852 | 284.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2530251 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 22987900 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2530251 | 0.003 |
42 | 47144727 | 0.002 |
18 | 82923078 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 22987900 | 26 |
0.005 | 18371161 | 16 |
0.006 | 16321373 | 16 |
0.007 | 35629116 | 13 |
0.008 | 3830000 | 7 |
Last trade - 11.49am 28/10/2024 (20 minute delay) ? |
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