not sure how you are calculating that
The long term ops will open at .001 , or more accurately the same price as existing OSLO ( which fell to .001 )
Shorter term oppies cold be argued to be better "value" than OSLO , but of course that is based upon sp getting above 1cent .
And I can hazard a guess that 10's of millions of those oppies could be exercised soon after it gets above 1c and flooding the market .....
Ann: Placement and Entitlement Offer to raise up to $7.1 million, page-3
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Mkt cap ! $16.66M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $5K | 1M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7466286 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 22193449 | 19 |
View Market Depth
| Last trade - 11.17am 29/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.5¢ | 1520000 | ||
| Last updated 10.45am 29/05/2024 ? | |||||
| OSL (ASX) Chart |