getting into this stock with a view that post reconstrution/mergers/adquisitions etc and you believe it will be worth something than the options are another way in.
These will be part of the reconstruction and are now offered at 1c when the fpos are at 5.5c.
There is a formula that was worked and ammended to raise the percentage that option holders are entitled to. So if you are looking at the long term and you thing you can trust management than it might be worth your while.
I am not recomending anything, just sharing info.
if you are thinking about it
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $167.6M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.3¢ | $348.3K | 1.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 286297 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 347076 | 5 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| SBM (ASX) Chart |