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11.8%

1.9¢ andromeda metals limited

Capital raising needed??, page-33

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williams11

6,716 Posts.

2194

01/08/19

13:18

Post #: 39810618
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Originally posted by 13th: ↑

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...

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not possible.

ADN Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.9¢		Change 0.002(11.8%)		Mkt cap ! $59.09M

Open	High	Low	Value	Volume
1.8¢	2.1¢	1.7¢	$496.3K	26.21M

Buyers (Bids)

No.	Vol.	Price($)
10	1485746	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	4266835	10

View Market Depth

No.	Vol.	Price($)
2	81084	0.020
9	1565780	0.019
27	4454685	0.018
44	13973457	0.017
25	6383170	0.016

Price($)	Vol.	No.
0.021	4266835	10
0.022	2096248	7
0.023	1651330	8
0.024	3903922	4
0.025	1865954	7

Last trade - 12.24pm 04/06/2024 (20 minute delay)


Last 1.9¢			Change 0.002 ( 11.8 %)
Open	High		Low	Volume
1.8¢	2.0¢		1.8¢	26334123
Last updated 12.42pm 04/06/2024 ?

ADN (ASX) Chart