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
6.0¢ |
Change
0.004(7.14%) |
Mkt cap ! $22.25M |
Open | High | Low | Value | Volume |
5.7¢ | 6.0¢ | 5.5¢ | $8.278K | 144.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 7779 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.052 |
2 | 340937 | 0.051 |
3 | 132025 | 0.050 |
1 | 10204 | 0.049 |
1 | 20000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 7779 | 1 |
0.060 | 100000 | 1 |
0.061 | 4339 | 1 |
0.063 | 40580 | 2 |
0.064 | 45000 | 1 |
Last trade - 13.38pm 23/08/2024 (20 minute delay) ? |
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