The oppies will need more than 1.2c heads b4 people are confident to buy 2c conversion opps with less than 2 mths til expiry
Yep, by my calculations there's around 1 month and 10 days before the oppies stop trading. With 2.3bill of the suckers there'll be plenty who don't want to see them exercised either (dilution effect). I suspect we may see share price manipulation until the oppies are done and dusted. I'd certainly be happy to see that. Would much rather raise more money well above 2cents and as needed.
Ann: Response to ASX Price Query, page-9
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.470M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $9.908K | 1.238M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2028101 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 179196 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| BMG (ASX) Chart |