Well it does dilute, create more shares on offer, but a VERY GOOD SIGN of confidence in the company. Mind you, OIL probably didn't have $600g to pay him back, but overall a positive outcome. Cant wait for resisting !!
Ann: Conversion of Director Loan to Equity-OIL.AX, page-2
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $162.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.5¢ | $24.65K | 130.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 86717 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 28000 | 2 |
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| OIL (ASX) Chart |