I am beginning to think that this is tied in with CR.
$0.8 X 15M Shares = $ 12M share value
$25m sales minus $12m = $13m. Therefore, the Buyer is effectively getting a machine for free.
Could be way off with that assumption however if I am proven to be Correct, then a Precedent has been set for future companies to use Options.
Just my thoughts.
Ann: $25.5M Machine Sale Agmt with Global Defence Manufacturer, page-33
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15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $158.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $165.8K | 1.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 459118 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 372037 | 5 |
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