They are only on paper worth whatever the prevailing market value (SP) less the exercise prices of $1.17 and $1.46. So one lot is worth $96k to the surgeon, the other lot is out of the money at this time. I presume the company would issue the relevant number of options at the relevant exercise price to be as less dilutive as possible to cover how much we owe the surgeon. It’s not free money to the surgeon.
The surgeon could have easily asked for cash to avoid risk of options being worthless or worth less than they are owed for services. However, they did not.
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Last
$1.35 |
Change
0.015(1.13%) |
Mkt cap ! $329.2M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $568.6K | 425.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3760 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 4114 | 1 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| OCC (ASX) Chart |