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anyone know when the results are out? this month?

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01/03/24

12:33

Post #: 72693400
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Originally posted by Mat.B: ↑

IMO, the last share purchase plan has created a price ceiling with $30mil in options executable at $0.118.

Long story short, everytime options are converted to ordinary shares, it pulls the listed share price back down from $0.12. On the upside, the shareprice appears to have stabilised over the past month bouncing between $0.105 and $0.12 instead of $0.08 and $0.12. I expect a slow push through the "ceiling" over the coming month.

I don't know what the conversion numbers are, but it's likely people are converting early to lock in their cost-base (at conversion), to take advantage of the CGT discount available 12months+ from now. Assuming the share price blows up over the next year investors who converted early will take advantage of the 50% CGT discount versus investors that covert at the time of sale, the latter carries no discount and they'll pay tax on 100% of the profit. Unless of course they sell unconverted options...

Anyone else holding NYR?

That's just my 2 cents, DYOR, not financial advice, GLTAH

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anyone know when the results are out? this month?

IMU Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.3¢		Change 0.000(0.00%)		Mkt cap ! $389.5M

Open	High	Low	Value	Volume
5.3¢	5.4¢	5.1¢	$717.6K	13.61M

Buyers (Bids)

No.	Vol.	Price($)
6	1468251	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	457393	5

View Market Depth

No.	Vol.	Price($)
6	1468251	0.053
14	1956862	0.052
30	3768447	0.051
78	7419000	0.050
25	3385007	0.049

Price($)	Vol.	No.
0.054	457393	5
0.055	878148	7
0.056	920184	8
0.057	1624353	11
0.058	1120000	6

Last trade - 16.10pm 31/07/2024 (20 minute delay)

IMU (ASX) Chart