Not a discount, however I have floated the idea that they may want to look at offering an incentive option for those to convert by a certain date. That may see current options holders exercise, convert to head stock and pick up a new option.
Maybe a 1:2 free option with a 6c strike?
You could get creative here in terms of the ratio of new options, strike price & expiry.
Just need to clear it with the ASX to make sure they are able to make such an offer...
Capital raising needed??, page-31
Add ADN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $159.0K | 9.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 616174 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3071324 | 10 |
View Market Depth
| Last trade - 14.44pm 29/04/2024 (20 minute delay) ? |
|
|||||
|
Last
1.7¢ |
Change
-0.001 ( 2.86 %) |
||||
| Open | High | Low | Volume | ||
| 1.8¢ | 1.8¢ | 1.7¢ | 10394527 | ||
| Last updated 14.44pm 29/04/2024 ? | |||||
| ADN (ASX) Chart |