Perhaps this is a well managed liquidity window to allow for some of the 35M $0.08 Jun option exercise to be funded? Imagine some of those exercising will want to exercise at 8c and liquidate at these levels...
No notice of any options being converted yet so this buying may be arranged to allow some bigger players to get set whilst allowing some funding to go to those option holders that need some funding assistance to exercise?
Was always a little concerned about how this option exercise would be managed. It appears to be well under control...if so...bravo.
Perhaps this is a well managed liquidity window to allow for...
Add EIQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $64.37M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $48.47K | 374.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28770 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 126976 | 3 |
View Market Depth
| Last trade - 12.05pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
12.5¢ |
Change
-0.005 ( 3.85 %) |
||||
| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 12.5¢ | 49900 | ||
| Last updated 12.05pm 10/05/2024 ? | |||||
| EIQ (ASX) Chart |