with a two year expiry , the options will probably trade for 7 - 8 cents , I can't see them less than that . So with the choice to offload the options - these investors are buying new shares for no more than 18 cents net - and the company is stating that we will have "the opportunity" to buy shares at 26cents. I don't believe I 've seen such an incredible assumption that retail investors are stupid This is very ugly. I am completely horrified. I read the thing through - this is what they are doing.
with a two year expiry , the options will probably trade for 7 -...
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Last
17.5¢ |
Change
-0.015(7.89%) |
Mkt cap ! $176.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.0¢ | $513.3K | 2.881M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150732 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 18500 | 2 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| TTT (ASX) Chart |