NEO nuenco nl

number of shares on issue

  1. 27,532 Posts.


    Quoted on the ASX is now 105,204,071

    Options quoted 22,887,810
    ($0.66 31 Dec 07)

    Options not quoted 26,309,890
    ($0.44 30 June 08)

    1 convertible note worth $999,463 (10% June 2007) Includes one free attaching option per share...


    Today each NEO share was diluted to the tune of 6.74%by my reckoning and yet the share price was up!

    In the case of the options this is classic NEO. The public has until Dec this year to be in profit at $0.66+ while the enlightened and creditors alike have an extra 6 months to see $0.44+

    While the psychology of a ten to one consolidation has not been lost on me as the market cap still lies at the end of the equation.

    Always DYOR my information may be flawed.

 
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