Today, according to the Company Research section of Commsec, XPE is now at an MC of $12 million and has lost 91.1% of Shareholders wealth in the last 12 months.
For someone to tip in $7.5 million and keep that share below 20% holding, the SP would have to be considerably higher than it is now, so I simply can't see that happening. So where does the company get its next lot of money to continue to pay the BOD salaries? I personally cant see too many people buying these options and exercising them, there would have to be a triple bagger from 1.3 cents just to get to 4 cents in 6 months.
Ann: Bonus Options Offer, page-358
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6.9¢ |
Change
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Mkt cap ! $1.862M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91166 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 182500 | 1 |
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