I've been watching the options for a while (have a nice amount of them already) and i think this 8m raise does something to the option valuation.
The money from this raise will bring the newsflow to bring the SP towards 30c over then next 12 months which will really do something to the option valuation.
There'll be a time in the near future where we will see a scurry of people trying to get into the heads which aren't too liquid, guess what the alternative is? Oppies + exercise!
Ann: Share Placement to raise $8,000,000, page-13
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $92.50M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $11.55K | 88.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 76813 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 30585 | 1 |
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| Last trade - 14.34pm 24/07/2024 (20 minute delay) ? |
| TGM (ASX) Chart |