What exactly?
They buy the options at 1.5c..
- They can convert it @6c in the next 3 months and get a piggy back option at 6c
- They can converit @ 6c in the next 12 months.
Obviously if the stock goes up because of kicking their milestones they make money!.
What is it that you don't get?
What exactly?They buy the options at 1.5c.. - They can convert...
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Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.373M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.6¢ | $1.521K | 27.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 83969 | 1 |
View Market Depth
| Last trade - 10.50am 06/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
0.000 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 5.7¢ | 5.7¢ | 5.6¢ | 87836 | ||
| Last updated 10.50am 06/05/2024 ? | |||||
| ILA (ASX) Chart |