5m options were converted for $275,000 - seller sells them for approx $0.01 profit after conversion - they must have really needed the money. Take their $50k and run.
There may be more to come though? Although the volumes are high enough to absorb the sales and make it a worthwhile exercise. Especially with a 5 year expiry timeframe, so I don't understand why they were converted as surely there would be a better SP within the next 5 years.
5m options were converted for $275,000 - seller sells them for...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.33M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $22.42K | 8.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 122 | 133930635 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 649611285 | 231 |
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| Last trade - 11.54am 07/10/2024 (20 minute delay) ? |
| 88E (ASX) Chart |