In my opinion, the 84.6m Piggy Back Options (@20c=$16.92m) could be having a negative impact on buyers and the SP.
Shareholders that own options have no need to buy shares because they can buy at 20c up until the 28 Feb 2017 and in fact some may be selling when the SP gets to 20c and above. Also non options holders and potential buyers etc may not want the price above 20c before 1 Jan 2016 because that could mean that the options are exercised and that would result in an issue of up to another 84.6m options, which is a significant amount for such a small business.
Hopefully after 1 Jan 2016 the SP may have a better chance of going up and staying up ?
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.81M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $6.472K | 231.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 106000 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 1594142 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 106000 | 0.028 |
5 | 551304 | 0.027 |
3 | 927551 | 0.026 |
3 | 3240000 | 0.025 |
2 | 446666 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 1594142 | 4 |
0.030 | 1036264 | 5 |
0.031 | 595315 | 3 |
0.032 | 1481430 | 3 |
0.034 | 29440 | 1 |
Last trade - 15.48pm 16/10/2024 (20 minute delay) ? |
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