This is a positive. It means someone(for reasons that will become obvious in the next year) has decided to convert 500000 2023 options they hold by paying $100000 to the company ..
This not only provides futher working capital to the $12 or $13 million they have in kitty but is a vote of confidence in the future.
As an aside commsec has added bc8 to the bullish list tonight saying that the recent downturn is about to reverse to the positive
This is a positive. It means someone(for reasons that will...
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Last
29.5¢ |
Change
0.015(5.36%) |
Mkt cap ! $109.5M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 29.0¢ | $78.94K | 271.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 82239 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 125921 | 8 |
View Market Depth
| Last trade - 12.22pm 25/06/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |