Hmm,
Maybe the Directors knew that by not converting their options at $0.05 and announcing this, then they would be able to buy on market cheaper then $0.05 (as you can right now) without further dilution to the company.
I doubt it... but its all speculation isn't it.
Ann: Issue of Shares on Exercise of Options, page-13
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Last
10.5¢ |
Change
0.007(7.14%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 9.7¢ | 10.5¢ | 9.7¢ | $997.5K | 9.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2995483 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2381663 | 23 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |