The options are simple Nana - do nothing, do the RI and support the company, buy on market, or sell and walk. I think that is it...
You can currently buy on Market at $0.008, so for $1000 you'd get 125K shares
If you do the RI, then you only get 83K shares - thats worse, but the $1000 goes to the company and you do get 83K options as well.
To buy 2 shares now cost $0.016. The RI is $0.012, for 1 shares and an option at $0.0175 (?). If the company sees EBITDA of $140M then that option comes close to being a free share (based on intrinsic option value). If the company does not well your option will not see daylight.
My personal choice is I'm the queue on market, and taking up my full RI as well
The options are simple Nana - do nothing, do the RI and support...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $24.00M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $10.00K | 1.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 28008736 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3800000 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |