Given the market cap, prior to the issue of the shares under the new CR, is currently $15.5m and with only a small increase in the SP the first performance rights (MC of $20m) could kick in soon, with no real performance having been obtained (I don't consider increased MC as a performance, say if they found something that would be). Why would the market drive the price down just to stop the performance rights from kicking in? Personally, I don't think the market would notice or be aware of this, also I suspect most Shareholders would be more than happy to see the SP rise. I am sure you would like to see the SP get to your exit point of $0.17 so you would be happy to see the MC rise based on SP increase rather than share issues, would you push it down to stop performance rights from kicking in at this point? The wording of your post gave me the impression that you were a short term holder. However, as you have indicated your long term strategy is $0.17.
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Given the market cap, prior to the issue of the shares under the...
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $39.46M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $20.54K | 1.336M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 3040388 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1274950 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 3040388 | 0.015 |
3 | 1250000 | 0.014 |
2 | 1070000 | 0.013 |
8 | 2675400 | 0.012 |
3 | 2300000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1274950 | 3 |
0.017 | 966968 | 4 |
0.018 | 3784278 | 6 |
0.019 | 3815522 | 10 |
0.020 | 8828833 | 13 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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