Yeah you're wrong.
Assuming they have 11M shares to sell
Option 1: allow the options to lapse
Result: Own 11M shares, have 1.2 million+ in the bank
Options 2: sell 11M shares at 13c, pay 1.2 million dollares to exercise 6M shares
Result: Own 6M shares, 1.2 million poorer
Allowing the options to lapse is clearly the better option.
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.576M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $1.929K | 96.42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104779 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 65000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 113084 | 0.020 |
3 | 429567 | 0.019 |
1 | 2500 | 0.018 |
1 | 39000 | 0.013 |
1 | 200000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 170970 | 2 |
0.027 | 100000 | 1 |
0.028 | 700000 | 1 |
0.029 | 128000 | 3 |
0.030 | 200000 | 2 |
Last trade - 13.48pm 29/08/2024 (20 minute delay) ? |
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