"Chucky theres 30 million options with a strike price of 5 cents which management and previous management are are most of the holders. Why when the company needs cash have they not been excercised."
The company has cash in the bank ahead of further funding. Those options have around 6 months to expiry and they will raise A$1.5mill or US$1mill. It won't change much right now to the funding requirements and maybe they're not as desperate for cash as you think.
"Appears you got sucked in at the CR".
Are you forgetting that management invested around $1mill in the recent cr?
Come November, I would fully expect those directors to exercise their options.
- Forums
- ASX - By Stock
- MNB
- Ann: Phosphate Fertilizer Project Update
Ann: Phosphate Fertilizer Project Update, page-206
-
- There are more pages in this discussion • 228 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add MNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.3¢ |
Change
-0.003(6.52%) |
Mkt cap ! $37.78M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.2¢ | $68.99K | 1.545M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 67894 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 190433 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.042 |
4 | 604002 | 0.041 |
6 | 516000 | 0.040 |
1 | 12820 | 0.039 |
1 | 95000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 190433 | 2 |
0.046 | 15000 | 1 |
0.047 | 122499 | 2 |
0.048 | 45000 | 1 |
0.049 | 3365 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
MNB (ASX) Chart |