well i do own some DKM shares and dont quite understand why this cashless conversion should upset anyone
traditional method is like a mini CR at a discounted price - existing holders get diluted.
proposed method - no cash flows to the company/hardly any dilution since only the diff between the exercise price and the 5 day vwap get paid in shares to the holder of the options..
so IMO not too big a deal
of greater concern to me is the "mindless" annual allocation of new options regardless of achievement to anyone who happens to be a member of the board.
cheers
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $13.46M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 11.0¢ | $660 | 6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | 0.110 |
1 | 11672 | 0.100 |
1 | 150000 | 0.090 |
1 | 18520 | 0.027 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 20000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 14.27pm 02/09/2024 (20 minute delay) ? |
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