The new investors and directors can get their fill of shares at 20% off. But which date is used to determine the SP o which the discount is based for the CR that will now occur?
It makes a HUGE difference to the amount of dilution if they get 20% off the disastrous 1.1 cent prior to consolidation or 20% off a likely rebounding SP as a result of these upbeat announcements. Whilst these are good announcements (although the ADRC seems to be on the wane), the ethics of making these announcements AFTER the EGM shows the utter contempt with which MK 1 shareholders are held, most of whom are underwater. Their holdings have been gutted and shredded. Those that got out may be able to get back in at a cheaper price. Good luck to them.
I hope all the LT MK 1 shareholders are rewarded and this stock now recovers.
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Last
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.673M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 24381 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 75641 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 24381 | 0.062 |
2 | 20400 | 0.060 |
1 | 82000 | 0.057 |
1 | 55000 | 0.053 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 75641 | 1 |
0.105 | 1524 | 1 |
0.175 | 22450 | 1 |
0.180 | 30000 | 1 |
0.190 | 29137 | 1 |
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