Why would they convert now at 30c? This is why Im asking how much the diamond drilling program is costing in total - 6M shares converted at 15c is 900K (part payment), I'm assuming the other part is coming from Jimmy (is it 50/50?)?
How do you know it's not worthwhile for them to cash out now? it's only part payment...no one knows how much the other part is in $$$
So we are all meant to assume that the drilling company is going to wait until 30c, when the share price is going south?
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $14.42M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.1¢ | $11.37K | 500.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 206315 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1725305 | 6 |
View Market Depth
| Last trade - 13.42pm 30/07/2025 (20 minute delay) ? |
| MAN (ASX) Chart |