I agree with Accumul8 and MJ - exercised to sell, and most likely in a block trade to a Insto. If an institution went knocking on Roly's door they would have been told a cap. raise is not likely any time soon, thus, if you want a sizable position go speak to GEM or start buying on market. Which option would you take? SP is still very depressed, so it wouldn't surprise me if a block trade went through at a premium to the current SP. Options didn't expire until 2024 so GEM didn't have to convert now, but potentially they were 'incentivized' to do so.
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $20.03M |
Open | High | Low | Value | Volume |
5.2¢ | 5.4¢ | 5.2¢ | $10.66K | 203.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 355683 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 48254 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 355683 | 0.052 |
2 | 150000 | 0.051 |
2 | 70000 | 0.050 |
1 | 200000 | 0.049 |
1 | 500000 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 48254 | 1 |
0.055 | 45000 | 2 |
0.060 | 25592 | 1 |
0.065 | 28000 | 1 |
0.066 | 18672 | 1 |
Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
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