you realise that $1M in the bank comes at a cost of another 12M shares, therefore MLS shares do not increase in value, the converters are probably now overexposed in $ terms in MLS and sell a portion of their shares, to either fund the conversion of more options they hold, and / or to reduce their MLS holding to their desired %
Ann: Application for quotation of securities - MLS, page-4
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.78M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $12.38K | 651.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1156395 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 184130 | 3 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| MLS (ASX) Chart |