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0.5¢ asra minerals limited

Ann: Change of Director's Interest Notice x 3, page-11

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Peroni91

83 Posts.

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21/02/24

17:21

Post #: 72519553
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Originally posted by Von Rico: ↑

yes, it is interesting that the directors are prepared to take up new shares at 1.2c when they can be bought on market at 0.6c. Yes, they do get a free option but they are only currently worth around 0.1c for now, so they are almost paying double the market price. Maybe it's a show of confidence or maybe it's because they had already committed, but a positive sign none the less.

How much cash has the company really got? I am not convinced that the redemption of convertible notes was settled before the end of the December quarter in which case we may not have as much as shareholders have been led to believe.

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Directors probably forced to participate based on their Jan 24 Prospectus commitments statements
Agree 100% current cash position is unclear - high chance of cap raise coming soon?

ASR Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $11.15M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	1690000	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	3233333	3

View Market Depth

No.	Vol.	Price($)
4	1690000	0.004
1	5000000	0.003
2	1480000	0.002
2	9200000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	3233333	3
0.006	4558333	4
0.007	10621424	4
0.008	7842678	2
0.009	1272300	2

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