But it will cost the company to get someone to underwrite so the total $ they will receive is < what they would have got if all converted. But it is a prudent thing to do if they thought that not everyone would convert their options.
Better to be safe I guess (which seems to be Dave's motto) - depending on what it has actually cost the company to do this deal
- but I'm sure that Dave would have crunched the numbers
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $43.40M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $148.0K | 74.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
266 | 1032243218 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 13269872 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
255 | 950553218 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 13269872 | 9 |
0.003 | 670415123 | 231 |
0.004 | 283495450 | 105 |
0.005 | 81305707 | 47 |
0.006 | 36794900 | 36 |
Last trade - 13.59pm 06/09/2024 (20 minute delay) ? |
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88E (ASX) Chart |