I've been thinking about those free options, might tank the option price short term but it is also another $8.7mil of potential capital for AVL if they can keep them in the money.
Are there stats anywhere of what percentage of options are actually converted? Although I suspect that hinges greatly on whether they're in the money or not.
Ann: AVL Completes $8.7m Placement, page-9
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $120.8M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $43.22K | 2.925M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 25717844 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 3879109 | 11 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AVL (ASX) Chart |