I think conversion of options allows them to increase past the 20% limit.
They could have already been paid out their loan of approx $1.2M and if not it is due by 15ThDec anyway and together with the recent sells of $1M should go a long way to covering the conversion of their options. Perhaps a little more needed, I don’t recall how many options they hold.
Ann: Change in substantial holding, page-8
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Last
$18.20 |
Change
-0.200(1.09%) |
Mkt cap ! $349.8M | |||
| Open | High | Low | Value | Volume |
| $18.50 | $18.50 | $18.00 | $77.59K | 4.263K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 206 | $18.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.70 | 34 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |