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6.5¢ minbos resources limited

Ann: Phosphate Fertilizer Project Update, page-253

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kdaly

505 Posts.

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31/05/24

10:25

Post #: 74098261
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Originally posted by Red Baron: ↑

It is also quite common for companies to fund the conversion of options. The options are exercised & converted into shares, no money changes hands so the company doesn't pay for, or receive the funds, however the Director has a debt to the company. I was going to give an example of this, a company I own or on my watch list, but can't dig it up on short notice.

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yes a cashless option facility

don't know if mnb has this

MNB Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.001(1.56%)		Mkt cap ! $57.11M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.4¢	$69.46K	1.076M

Buyers (Bids)

No.	Vol.	Price($)
1	676	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	184604	3

View Market Depth

No.	Vol.	Price($)
1	676	0.064
1	25000	0.063
1	100000	0.062
1	50000	0.061
6	416666	0.060

Price($)	Vol.	No.
0.065	184604	3
0.066	175000	2
0.067	20000	1
0.068	24600	1
0.069	47473	1

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