My 2c...
They can borrow from the bank until the SP exceeds 1c and stays above that level for a specified period of time.
Extend the options and allow enough time for the SP to rise, e.g., until June 2026.
The options will be converted, and CR will no longer be required.
My 2c... They can borrow from the bank until the SP exceeds 1c...
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Last
0.4¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.542M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $2.33K | 755K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 15039329 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 35561831 | 12 |
View Market Depth
| Last trade - 13.27pm 29/07/2025 (20 minute delay) ? |
| MRQ (ASX) Chart |