142,715,667 options were converted into fully paid shares on 21 November, one year before they needed to be exercised. Fully paid shares trade more readily than the options. Could it be that the options were converted because whoever owned them have decided to take profits? This could be the reason for share price drop yesterday and today. Maybe a little caution needed here.
Daily Discussion, page-3216
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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $132.1M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.7¢ | $730.9K | 15.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 739297 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 964671 | 3 |
View Market Depth
| Last trade - 13.33pm 22/05/2024 (20 minute delay) ? |
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Last
4.8¢ |
Change
-0.001 ( 2.64 %) |
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| Open | High | Low | Volume | ||
| 4.9¢ | 5.0¢ | 4.7¢ | 8935492 | ||
| Last updated 13.44pm 22/05/2024 ? | |||||
| RDN (ASX) Chart |