Given Ken will be converting millions of "in the money" options over the next year or so, he actually needs cash to do so.
We are talking a million or two just to convert these options.
So no doubt he has some tax to pay, some options to convert in the short to medium term, and maybe bought his family a few treats for their support and all his hard work.
He has played it well and I don't see what else he could have done??. Not many people can just keep coming up with a couple of million to convert options, so he had to sell a few to make it all work.
Nothing to see here. Next....................................................
Given Ken will be converting millions of "in the money" options...
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Last
$3.24 |
Change
-0.080(2.41%) |
Mkt cap ! $9.751B | |||
| Open | High | Low | Value | Volume |
| $3.26 | $3.32 | $3.23 | $83.81M | 25.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106287 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 157742 | 3 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$3.24 |
Change
-0.080 ( 2.40 %) |
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| Open | High | Low | Volume | ||
| $3.27 | $3.32 | $3.23 | 21533662 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PLS (ASX) Chart |