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Even when companies have cash - yes a lot will still opt to pay...

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Mom88

1,584 Posts.

386

27/06/20

13:01

Post #: 45487774
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Even when companies have cash - yes a lot will still opt to pay via shares and for contractors who see potential in will also opt for share payments.

Conversion of options is an issue for you?

First day in the markets my man?

Originally posted by Iknowyysh: ↑

anyone that thinks this is not getting smellier by the day is kidding themselves.

the company is paying in shares as they have no cash.

if this IP was so valuable why wouldnt they keep it and then go spend 20k and buy shares on market (if they start trading again).

conversion of options now raises serious concerns as to why.

it's easy to look through rose coloured glasses when you are invested and want to make some money but unfortunately this P&D is getting worse by the day.

has to be a reason other then their amazing world changing IP for the ASX to still have them in suspension.

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SKN Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $2.947M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$932	186.4K

Buyers (Bids)

No.	Vol.	Price($)
5	2452914	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	654812	2

View Market Depth

No.	Vol.	Price($)
5	2452914	0.004
10	7575726	0.003
2	835000	0.002
9	6802098	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	654812	2
0.006	461008	1
0.007	1457000	2
0.008	200000	1
0.009	30000	1

Last trade - 11.08am 17/09/2024 (20 minute delay)

SKN (ASX) Chart