My take is that they just wanted certainty that if they go ahead and start using existing funds in an accelerated program/s that all the options would be converted and provides the confidence that funds would not be an issue if they committed to all these programs at the same time...
Sounds like there are some short term ann's coming out ..
"With a clear development pathway in place and the funding support to drive this now secured,
we are exceptionally well positioned to deliver significant value over the coming months, and I look
forward to providing shareholders with regular updates."
Ann: AnteoTech Secures $3.76M Option Underwriting Agreement, page-32
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2.3¢ |
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Mkt cap ! $57.26M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 1199212 | 2.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 642868 | 9 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| ADO (ASX) Chart |