Re PRMOB –
On the strength of this ANN –
AND
- presuming the Company is awarded the Leases soon
AND
- the SP for PRM rises to above 2 cents within a month before PRMOB’s expiry date
of 01 Sep at that same Exercise price, of 2.0c
will those Oppies be worth anythingby that date.
If, as I expect, at THIS stage,
management also thinks that PRM’sSP will not get to 2.0c by say 01 August,
then the Company couldsalvage something from PRMOB holders by making an offer of, say :
1 new OPTION for 1 PRMOB held on 01 August, at an EP of say 1.0c, or
2 new OPTIONS for 1 PRMOBheld on 01 August, at an EP of say 0.5c.
That kind of offer has been madebefore – by some other micro-cap oiler spec I was holding years ago i.e. it gotsomething worthwhile monetarily, rather than get nothing otherwise.
“Better to try & fail, thannot try at all”.
- Forums
- ASX - By Stock
- PRM
- Ann: PRM preferred bidder for two high potential blocks GoM
Ann: PRM preferred bidder for two high potential blocks GoM, page-6
-
- There are more pages in this discussion • 2 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 PRM (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.868M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 7117180 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 239000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 7117180 | 0.005 |
5 | 3740199 | 0.004 |
3 | 2336009 | 0.003 |
7 | 4150001 | 0.002 |
4 | 3500001 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 239000 | 2 |
0.008 | 1975000 | 3 |
0.009 | 1265313 | 1 |
0.010 | 1842137 | 4 |
0.011 | 1086800 | 1 |
Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
Featured News
PRM (ASX) Chart |
Day chart unavailable