Interesting.
TYKOB is the code. No bids or offers on screen.
They expire 4th June 2016. Exercise price of 4c.
From todays qtrly:
" Tychean continues to conduct detailed due diligence on new project opportunities."
Looks like they could be timing this for an option play.
They would need to get the mains to 2.5-3c before any liquidity would come in to the TYKOB's.
Ideally if TYC could trade and hold 5c they would start to get options money in the door. Perhaps even attract an underwriter if they can get a good project to mkt.
Next two weeks will be interesting imo
Ann: ASX Waiver - Expiry of Options-TYK.AX, page-2
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Change
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Mkt cap ! $59.80M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 6615399 | 1.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1542153 | 9 |
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