Have you seen the price.
Placement at 2.3 Cents PLUS a free option 2 for 1 at 5 cents... under Black Scholes that option is worth 1 cent!
That means the investors have gotten the shares for 1.8 cents!!! i.e. for every share there is half a cent of option value given.
Great Deal for insiders!!!!
why is there not an SPP to reward ALL shareholders not just a sweat heart deal for the insiders!!!
Good we have the cash!!
Lets see what the burn is like in the 4C...
Have you seen the price. Placement at 2.3 Cents PLUS a free...
Add SIS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.002(40.0%) |
Mkt cap ! $2.097M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $23.4K | 5.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4653153 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 4122988 | 5 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
|
|||||
|
Last
0.3¢ |
Change
-0.002 ( 25.0 %) |
||||
| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.3¢ | 3936891 | ||
| Last updated 15.14pm 30/04/2024 ? | |||||
| SIS (ASX) Chart |