Why wouldn't they? They took the risk to either convert at 5c or 1.9c and the latest drop was due to the surprise proposed consolidation which pushed the pps to even lower than 1.9c. It's all about the clinical trial updates for them, they are able to convert at maximum amount of shares from the CN and flip the stock at 2-3x return on further positive clinical trial updates.
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $112.0M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.4¢ | $125.4K | 8.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 17029463 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1061875 | 3 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| IMU (ASX) Chart |