Am I right in reading this announcement that this 14 million shares being converted a few weeks ago represent most of those unlisted options now being converted?
I know there are a few more at various prices but it looks like conversions that have happened over the last 6 months or so are pretty well finished.
I think this is great for two reasons, firstly, the company has received extra funds and secondly, those that wanted to convert/sell and move on have now had their shares absorbed by the market. Also, as someone else recently pointed out, funds are now buying EL8.
As long as the market (broader and uranium price) stay stable there does appear to be wind in our sails.
Ann: Application for quotation of securities - EL8, page-2
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Last
61.5¢ |
Change
0.035(6.03%) |
Mkt cap ! $189.6M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 61.5¢ | 57.0¢ | $892.7K | 1.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 19765 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
60.5¢ |
Change
0.035 ( 5.94 %) |
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| Open | High | Low | Volume | ||
| 58.5¢ | 61.0¢ | 58.0¢ | 331335 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| EL8 (ASX) Chart |