The company is also giving 1 free option for every two shares. People will be selling the shares at 2.2c and still making money.
If the option is worth 0.25c (a quarter of a cent) it means people can sell it at 2.1c and still make some money.
CPS was another winner. CPS will get $672k plus 135 million options for helping with the placement. The value of the 135 million options is not insignificant. If the options are worth 0.25c, it means another $337.5k or $1 million all together.
The company is also giving 1 free option for every two shares....
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $11.44M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $16.88K | 3.357M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 10679619 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8171179 | 17 |
View Market Depth
| Last trade - 11.57am 30/08/2024 (20 minute delay) ? |
| TEG (ASX) Chart |