Just thinking why so short a conversion price?
If FAR was to be bought out then most likely the offer would be for FPO's only.
Option holders covert or lose them. This is quite common.
At a cheap price ie 7c it is not that difficult to come up with the cash to covert.
If say 20c he would have to pay $1.2m to convert.
Not easy to have that sort of surplus cash about even if the FPO price is $1.00.
Just a possibility and I am not ramping an early sale. Bowerboy would cut me to pieces.
lol
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Last
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 49.5¢ | $22.60K | 45.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 105023 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 7892 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 105023 | 0.495 |
1 | 10000 | 0.490 |
3 | 35755 | 0.485 |
4 | 113930 | 0.480 |
2 | 70000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 7892 | 3 |
0.510 | 10000 | 1 |
0.520 | 109917 | 4 |
0.525 | 60000 | 2 |
0.530 | 60000 | 2 |
Last trade - 10.41am 05/08/2024 (20 minute delay) ? |
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FAR (ASX) Chart |