I don't think it will necessarily settle at 2.3c. That was an indicative price at the current time for the 12/5 conversion? I think they can both rise in lock step, if they deviate too much then I'd imagine "arbitrage" for want of a better word could set in and bring the prices aligned.
Ann: Quarterly Activities Report & Appendix 4C, page-27
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Last
59.0¢ |
Change
-0.010(1.67%) |
Mkt cap ! $65.06M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 59.5¢ | 58.0¢ | $4.527K | 7.767K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38600 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 198 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IIQ (ASX) Chart |