I personally dont think the options are any problem at all. 85 million might sound like alot but lets be honest its only 6.8 million dollars. Its only going to take one or two instos to want a position, and those shares are mopped up in a few days trade, thats even if they are sold straight onto the market?
ado research, major re rate on the way, page-10
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $52.28M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $28.00K | 1.333M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 530907 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 650520 | 7 |
View Market Depth
| Last trade - 14.22pm 08/10/2024 (20 minute delay) ? |
| ADO (ASX) Chart |