IXC 1.49% 6.6¢ invex therapeutics ltd

Options issue

  1. 17,502 Posts.
    lightbulb Created with Sketch. 416
    I find this very intriguing and positive that in last few weeks about 1.5mill options have been issued at a strike price of $1
    First lot 250k to a soph
    Second 1.25m to a corporate adviser .

    I assume for services provided or to be provided

    This seems to me a smart way to preserve capital ( spending is well controlled) as well as an easy way to add to the coffers when options exercised .

    I would also assume that whoever took options were happy to do so in lieu of cash for services .
    Thus again assuming they expect the options to be well in the money .

    maybe I’ve made a lot of assumptions here but IXC still my best 2020 pick
    DYOR
 
watchlist Created with Sketch. Add IXC (ASX) to my watchlist
(20min delay)
Last
6.6¢
Change
-0.001(1.49%)
Mkt cap ! $4.960M
Open High Low Value Volume
6.6¢ 6.6¢ 6.6¢ $111 1.681K

Buyers (Bids)

No. Vol. Price($)
1 6058 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 10000 1
View Market Depth
Last trade - 15.33pm 09/07/2024 (20 minute delay) ?
IXC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.