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11.1%

1.0¢ triton minerals ltd

I now understand what you were referring to however respectfully...

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BigDaniel

3,872 Posts.

3205

31/07/20

22:24

Post #: 46230884
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Originally posted by Melomb ↑

when tonod were initially issued there was 30million of them. If punters came in these could have spiked nicely. But when they issued a further 130million there was just too much available for them to skyrocket unless the stock price exceeded the exercise price. Like the other day 11 million traded. If there was 30 million total that’s 30% of all issued and the price would have gone way higher, but there’s 160 million so it’s less than 10%

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I now understand what you were referring to however respectfully I don't subscribe to the idea that more options on issue has effected their price.

If the company hits targets well within the expiry dates they are in the money..If the company does not than they flander..You could double or halve the options on issue and I don't think it would make 1 trade or dollar difference..All dependant on meeting targets.

All the best though if you decide to grab some options or ordinary shares again.

TON Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.001(11.1%)		Mkt cap ! $15.68M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$26.11K	2.611M

Buyers (Bids)

No.	Vol.	Price($)
1	68938	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1831303	6

View Market Depth

No.	Vol.	Price($)
1	68938	0.010
12	2835971	0.009
10	1851047	0.008
3	477619	0.007
5	931975	0.006

Price($)	Vol.	No.
0.011	1831303	6
0.012	1812797	7
0.013	700000	2
0.014	299399	1
0.015	100000	1

Last trade - 13.46pm 01/11/2024 (20 minute delay)

TON (ASX) Chart