Findi will have to announce the options conversion results in the very near term.
it was pretty obvious that stock was sold to convert options to shares ...by some...hence the price decline up until the last days of conversion.
The wash up of this will be an amount of Cash here in Australia.
if all options converted it was $18m(i think) that is unlikely... but what to do with all that cash...
buyback dividend and growth investments are all possibilities...
There will also probably be movement in the top20 share holders.
bring on the 4+ party
cant argue with the logic of previous caller
long term fan first time caller...
FND $4 Party, page-77
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Last
$4.70 |
Change
-0.060(1.26%) |
Mkt cap ! $229.3M | |||
| Open | High | Low | Value | Volume |
| $4.80 | $4.81 | $4.65 | $694.6K | 146.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2729 | $4.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.73 | 889 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FND (ASX) Chart |