Stage 1 is fully funded, and yes eventually all the options will get exercise, the most recent issued have a 90c strike! What i think is very important and agree with you on the staged approach (gives tremendous amount of confidence for buyers, that production is real and creates alot of credibility / goodwill), but also dont forget cashflow brings a who new investor group. Many funds cannot invest in something that has zero cashflow.
A4N Construction Progress, page-30
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Last
81.0¢ |
Change
0.010(1.25%) |
Mkt cap ! $919.0M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 79.0¢ | $2.724M | 3.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5055 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 10620 | 1 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| A4N (ASX) Chart |