SIX 3.85% 5.0¢ sprintex limited

So 333333 SIXAA options converted to 2.35 million shares @...

  1. 999 Posts.
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    So 333333 SIXAA options converted to 2.35 million shares @ .0106c each. Instant 20 to 30% profits for SIXAA holders.
    Nearly 17 million SIXAA options remain. With that continuing 20% discount, conversion will likely be at much below a cent, so say about 125m to 200m more shares will be issued. Current holders shafted by the dilution. Why anyone would buy on the market at current prices is beyond logic IMO. I wouldn't catch a falling knife.
 
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5.3¢ 5.3¢ 4.8¢ $25.16K 505.0K

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No. Vol. Price($)
2 40000 4.9¢
 

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Price($) Vol. No.
5.0¢ 23705 1
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
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