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
7.4¢ |
Change
-0.002(2.63%) |
Mkt cap ! $75.28M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.0¢ | $40.05K | 569.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49540 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49540 | 0.071 |
3 | 133849 | 0.070 |
3 | 53036 | 0.069 |
3 | 577691 | 0.068 |
2 | 470000 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 90000 | 1 |
0.076 | 51138 | 1 |
0.077 | 42000 | 1 |
0.080 | 91700 | 2 |
0.081 | 20000 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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NTI (ASX) Chart |