Do you know if loans for option conversion would be repaid post conversion using the proceeds from the sale of converted options, or pre-conversion via the sale of shares held prior?
I was thinking maybe this explains the selling from late Feb to early March.
Enough would have washed through that period to raise the $880k.
im thinking maybe now the selling pressure is over, but could be wrong.
Ann: Cleansing Notice - Exercise of Unlisted Options, page-3
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Last
28.5¢ |
Change
-0.015(5.00%) |
Mkt cap ! $72.63M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 28.0¢ | $62.22K | 216.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13146 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| AXE (ASX) Chart |