It is not about me, it is about the way company raised. If I go through a few incidences happening of late.
1. We signed a deal worth more than $200 million with $ 10 million in advance and rest on fulfillment of few other mile stones.
the sp moved positive and it goes from around 9 cents to 20 cents.
Then suddenly it goes from 20 cents to 30 cents and we get a news that interim results are positive.
now here are two questions why sp moved from ,20-30 cents ( is there a leakage of news to a few)
Noe company straight away called for a trading halt and raised money at market price.
If the company let the news get some positivity reflect on the sp, we may be getting beyond 40 cents which means a lot of pending options could had been honoured.
that way it may be fair for those investors who invested in company 2 years ago without any news.
The new investors invested after the news and if company waited for 2 months to raise we need to liquidate much less than what we did.
So the only reason I can think about here is company is trying to make sure those options lapses while giving honourship of company to favoured people. And without fail that was 20% worth of company at that time.
So as an independent person I assume company played unfairly.
But saying that market is run with greed and even after those reasons I am not selling my shares.
- Forums
- ASX - By Stock
- DXB
- Ann: Notification of upcoming expiry of Unlisted Options
Ann: Notification of upcoming expiry of Unlisted Options, page-8
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DXB (ASX) to my watchlist
(20min delay)
|
|||||
Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $184.1M |
Open | High | Low | Value | Volume |
33.5¢ | 34.0¢ | 33.5¢ | $100.5K | 297.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 192922 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 77978 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 192922 | 0.335 |
12 | 370432 | 0.330 |
12 | 609916 | 0.325 |
8 | 281442 | 0.320 |
5 | 141400 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 77978 | 2 |
0.345 | 322676 | 4 |
0.350 | 273263 | 7 |
0.355 | 275200 | 4 |
0.360 | 454028 | 7 |
Last trade - 10.11am 16/05/2024 (20 minute delay) ? |
|
|||||
Last
33.5¢ |
  |
Change
0.005 ( 1.47 %) |
|||
Open | High | Low | Volume | ||
33.5¢ | 34.0¢ | 33.5¢ | 47599 | ||
Last updated 10.36am 16/05/2024 ? |
Featured News
DXB (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online