I agree with Accumul8 and MJ - exercised to sell, and most likely in a block trade to a Insto. If an institution went knocking on Roly's door they would have been told a cap. raise is not likely any time soon, thus, if you want a sizable position go speak to GEM or start buying on market. Which option would you take? SP is still very depressed, so it wouldn't surprise me if a block trade went through at a premium to the current SP. Options didn't expire until 2024 so GEM didn't have to convert now, but potentially they were 'incentivized' to do so.
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.85M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.7¢ | $11.32K | 169K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7462 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.6¢ | 18151 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7462 | 0.065 |
2 | 44914 | 0.063 |
1 | 64769 | 0.062 |
3 | 55000 | 0.060 |
1 | 80000 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.066 | 18151 | 1 |
0.067 | 82150 | 1 |
0.068 | 11269 | 1 |
0.069 | 397884 | 4 |
0.070 | 120013 | 5 |
Last trade - 10.02am 18/07/2024 (20 minute delay) ? |
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CCM (ASX) Chart |