I just worked it out. They are going to need the SP to be @ 21c to convert those 25 million shares.
So, convert 10 million @.06 = $600k
sell 10 million @21c = $2.1 million
Convert 25 million @.06 = $1.5 million.
And thats break even. Gutsy.
They must be thinking of converting all 25 million or it was pointless converting the 10 million now.
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Last
7.0¢ |
Change
-0.002(2.78%) |
Mkt cap ! $71.21M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 7.0¢ | $86.59K | 1.228M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 72226 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 138838 | 0.070 |
2 | 62535 | 0.069 |
1 | 973610 | 0.068 |
2 | 159208 | 0.067 |
1 | 150000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 72226 | 1 |
0.076 | 100000 | 1 |
0.077 | 116800 | 2 |
0.078 | 94680 | 3 |
0.079 | 300000 | 1 |
Last trade - 15.38pm 28/06/2024 (20 minute delay) ? |
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