They are playing the how to avoid an ASX strike game options and trying their luck with a low price and see if it passes this general meeting.
Option hurdles will be set much higher at the AGM if the motion fails in the GM. This meeting is not an AGM as there is no adoption of renumeration report motion which is what all companies have at the AGM's
So they are setting their AGM for near end of November
"A public company AGM must be held within five months after the end of its financial year"
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They are playing the how to avoid an ASX strike game options and...
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Mkt cap ! $109.1M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 39904 | 0.069 |
10 | 693819 | 0.068 |
4 | 297984 | 0.067 |
4 | 275151 | 0.066 |
10 | 1008869 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 272761 | 2 |
0.073 | 672501 | 5 |
0.074 | 1134171 | 6 |
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0.076 | 1067581 | 3 |
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