Interesting as well if you consider the total proposed issue of both Tranches of 139,318,182 shares in the context and isolation of yesterday's ASX volumes of 124,302,080 with the difference being very close to 13,086,727 or 5.29% Tolga initial stake. And ALL going through before these shares have been even issued or approved.......And so what about the 54,265,783 total shares that went through the ASX ( only ) on the 13th and 14th of May. We know that the 13 odd million were Tolga on the 14th - the BIGGEST volume day of the 2. But what about the other 41,179,056 that went through at significantly higher average prices than that of the 1.1 raising price.
Might the strategy have been to buy the heads obviously cheaper and ahead of the 3 cent options being issued in order to actually ' step ' fund these options. I mean it's at least 50% pure profit from the average levels of say 1.5 cents ......So I guess when you look at it from this angle , yes it could very well see 4.5 cents and above before we see a consolidation point - which would essentially mean the options were FREE to those who perhaps knew or saw it unfolding this way.....
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Interesting as well if you consider the total proposed issue of...
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.467M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $259.8K | 34.17M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4299526 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 6686426 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 4299526 | 0.007 |
22 | 7999263 | 0.006 |
37 | 15681851 | 0.005 |
13 | 7299444 | 0.004 |
11 | 13946667 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 6686426 | 13 |
0.009 | 6945497 | 15 |
0.010 | 3739626 | 9 |
0.011 | 3192850 | 7 |
0.012 | 185635 | 2 |
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