I disagree. It's where the SP currently is that was the factor in them converting the options. It was a high risk play considering the speed and amount the SP had increased. The price could easily have retreated below 30c from the time they made payment to the date the shares were issued. I see it as a sign that they believed the SP would remain above 30c...at least for the near term.
Do you ever comment on shares that you own? Or do you not own shares in any company?
Ann: Application for quotation of securities - LRV, page-25
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Last
47.5¢ |
Change
-0.010(2.06%) |
Mkt cap ! $159.3M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 51.0¢ | 44.5¢ | $2.383M | 5.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 81390 | 5 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| LRV (ASX) Chart |