The share price is currently at 2.2 because that is what the majority of shareholders choose to value the company at by approving the options.
2.2 is actually a small premium to the recent issue of shares at 2.5 including half the option value at ~0.4, thus the heads are valued around 2.1.
apparently this is what the shareholders wanted.
why ADO is a multi multi bagger, page-857
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Last
2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $20.25K | 965.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 2123219 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 219010 | 2 |
View Market Depth
| Last trade - 15.46pm 24/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |