bam,
""If they keep selling those options won't be worth hardly anything!!!""
And if they are not exercised there will be less dilution. Either way it's a win win, which ever way it goes.
Company gets money if they are exercised, less shares on issue if they are not.
The company is not in desperate need of money from what I can gather. So the need of options being converted becomes less important in my opinion..
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Food for thought., page-27
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Last
4.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $11.74M |
Open | High | Low | Value | Volume |
4.0¢ | 4.1¢ | 4.0¢ | $5.288K | 131.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1782 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 107100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1782 | 0.040 |
1 | 77958 | 0.039 |
1 | 45446 | 0.038 |
1 | 100000 | 0.037 |
1 | 83360 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 107100 | 1 |
0.043 | 220000 | 1 |
0.045 | 20000 | 1 |
0.046 | 145000 | 1 |
0.048 | 50000 | 1 |
Last trade - 14.21pm 14/11/2024 (20 minute delay) ? |
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LOM (ASX) Chart |