Hi Arthur, thx for clearing that up. Sincere apologies to you and everyone for taking up your time by my poor memory. How they could describe the conversion deal as at a premium to the SP beggars belief!
However, in the short term, the conversion of the CN is like a thorn in the foot of the SP, making it painful just to stand, never mind walking and running. A bit of rest and recuperation is required once the thorn has been completely extracted, and in a few months the SP will be walking and running again, reaching last September's high of 6.8 by September this year. IMHO. Pip traders dream for the next two months, then as the licensing deals start to come thick and fast, and people start calculating revenues on their serviettes or backs of envelopes, Mr Market will realise this stock is for real..
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Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.754M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45000 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 11100 | 3 |
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| Last trade - 16.21pm 16/07/2025 (20 minute delay) ? |
| OAK (ASX) Chart |
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