Please help me better understand what's going on here.
That's a somewhat interesting way of handing out 11M options with strike price of 9c and 3.5M with strike price of 10c. What are these handouts? Such interesting timing as well. If/when recipients sell these shares it'll be effectively a cap raise for the company of up to $1.34M.
From the annoucement:
"The issue price is funded by a limited recourse loan provided by the Company to eligible employees in accordance withthe Company's Incentive Share Plan adopted on 6 December 2021"
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Ann: Application for quotation of securities - 3DP, page-2
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Last
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.91M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.2¢ | $29.25K | 457.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99755 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 9844 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99755 | 0.062 |
2 | 220000 | 0.061 |
1 | 300000 | 0.060 |
2 | 550864 | 0.059 |
1 | 16000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 9844 | 1 |
0.064 | 956969 | 1 |
0.065 | 25000 | 1 |
0.066 | 3356 | 1 |
0.068 | 45000 | 1 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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