I just worked it out. They are going to need the SP to be @ 21c to convert those 25 million shares.
So, convert 10 million @.06 = $600k
sell 10 million @21c = $2.1 million
Convert 25 million @.06 = $1.5 million.
And thats break even. Gutsy.
They must be thinking of converting all 25 million or it was pointless converting the 10 million now.
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Last
5.9¢ |
Change
-0.002(3.28%) |
Mkt cap ! $62.06M |
Open | High | Low | Value | Volume |
6.1¢ | 6.1¢ | 5.9¢ | $9.068K | 151.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50709 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 121418 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60000 | 0.060 |
4 | 76899 | 0.059 |
7 | 385739 | 0.058 |
3 | 193814 | 0.057 |
1 | 54000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 121418 | 1 |
0.062 | 56158 | 1 |
0.063 | 133333 | 2 |
0.064 | 70617 | 1 |
0.065 | 324000 | 4 |
Last trade - 10.27am 19/06/2024 (20 minute delay) ? |
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