I’d say it could be recently converted options in the money being sold.
I think this SP increase then being sold down will continue up to the interim readout.
There’s a lot of in the money options right now.
I’m pretty sure Nina also said in a conference that the 12c unlisted options will automatically convert if in the money at expiry in March. Think it was designed that way to give the company a further source of trial funding?
DXB Media thread., page-91
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44.0¢ |
Change
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Mkt cap ! $242.0M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.5¢ | 44.0¢ | $1.428M | 3.181M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 109582 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 21213 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| DXB (ASX) Chart |