Hi Ice, with due respect, I don’t think your argument as quoted below flies. The SP was trading well over $20 for well over a year(and still do) before the recent raise when there were over 1m options at $10, 500k at $15 and many smaller in the money options. The SP is more susceptible to commercial success, products innovation/ trials and financial strength than out of the money options I reckon.
“why would any entity going long wish to see this company at $29 plus when a potential 20% of the company will be up for grabs (at levels similar to last CR) in nine months time if the sp does not hit the strike rate?”
Ann: Settlement of $35M Capital Raising Transaction, page-129
Add AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.08 |
Change
0.530(2.71%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| $19.55 | $20.50 | $19.50 | $337.0K | 16.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $19.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.09 | 325 | 1 |
View Market Depth
| Last trade - 12.09pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$20.07 |
Change
0.530 ( 2.55 %) |
||||
| Open | High | Low | Volume | ||
| $19.99 | $20.10 | $19.91 | 282 | ||
| Last updated 12.09pm 21/05/2024 ? | |||||
| AVR (ASX) Chart |