"As I understand it, the lengthy delay as well as Jayson dropping out is why the options were offered."
Nice of them to double the dilution to reward the sophs for the 7 week wait. These guys will probably flip them 1st opportunity (they can keep the option) all at the expense of the long holding share base.
As I said before to issue 7c options when the last traded price was 9.2c is very unusual, as is doing it on a 1 for 1 basis. It is a gift at our expense. IMO management have zero respect for existing shareholders
"As I understand it, the lengthy delay as well as Jayson...
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Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $46.71M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.4¢ | $57.47K | 1.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 495652 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 50000 | 1 |
View Market Depth
| Last trade - 14.53pm 06/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.7¢ | 5.4¢ | 460453 | ||
| Last updated 14.57pm 06/05/2024 ? | |||||
| MNB (ASX) Chart |