I don't really agree with this logic. yes they'll likely convert, but then just sell on market? With that number of shares and the average trading volume of this stock its a recipe to destroy your share price. This stock is so lightly traded (lucky to get 500k in a day) any large sells would have trouble even getting close to being filled. I also don't management are out to make a quick buck.
Just my thoughts.
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.71M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 4528809 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 1073397 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4528809 | 0.185 |
5 | 5561109 | 0.180 |
1 | 7000 | 0.100 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 1073397 | 8 |
0.195 | 60247 | 4 |
0.200 | 25000 | 1 |
0.210 | 10000 | 1 |
0.220 | 2659 | 1 |
Last trade - 16.12pm 05/09/2024 (20 minute delay) ? |
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