I think they had exactly the right idea if the goal was to buy quickly and at a consistent price.
By exercising their options they've gotten roughly an additional ~22 million shares (52m) for the same amount of money that they would have spent on market to get ~30m shares at the present moment.
Ann: Expiry of Unquoted & Quoted Options (amended), page-5
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.291M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $6.254K | 1.826M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 17563106 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 20889778 | 21 |
View Market Depth
| Last trade - 13.52pm 21/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.001 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.3¢ | 1910604 | ||
| Last updated 14.07pm 21/05/2024 ? | |||||
| SI6 (ASX) Chart |