ORD ordell minerals limited

The options are not good for regular holders. Not sure why...

  1. jir
    80 Posts.
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    The options are not good for regular holders. Not sure why people are excited about them. It's just significant dilution at a discounted price. Say the price was $1, I'd much prefer a cap raise than 25c and 35c options getting converted to raise bugger all, add almost 50% of share supply to register and stave off a cap raise at a far lower price for only a short time.
 
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(20min delay)
Last
50.0¢
Change
0.020(4.17%)
Mkt cap ! $17.99M
Open High Low Value Volume
50.5¢ 50.5¢ 49.0¢ $6.29K 12.62K

Buyers (Bids)

No. Vol. Price($)
1 4000 48.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 14581 1
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Last trade - 14.08pm 13/06/2025 (20 minute delay) ?
ORD (ASX) Chart
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