This could go right to the line. Im quite sure they have a plan if it does. They could apply for an extension to the conversion date, that requires shareholder apuld dproval but it does happen. If the price jumpes close to the date you could have someone apply for the shortfall of othe conversions. Theres a few things they could do. If theze first drill samples come back over 2 percent option holders would be mad not to convert.
Blessing in disguise, page-12
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.5¢ | $1.608M | 9.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 2237794 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 250000 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LRS (ASX) Chart |