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”.
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $1.868M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $24.60K | 4.112M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4905650 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1677714 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4905650 | 0.005 |
7 | 3064180 | 0.004 |
4 | 1760258 | 0.003 |
6 | 2800000 | 0.002 |
7 | 6301091 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1677714 | 2 |
0.007 | 1178136 | 2 |
0.008 | 3710000 | 4 |
0.010 | 607137 | 3 |
0.011 | 1086800 | 1 |
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