@ upandatit - With this offering there were circa 130 mio shares outstanding and 20 mio options which are in the money. Let's just say 150 mio shares.
You expect a 50 mio bid - 33 cts per share; or about 25 cts if you deduct the cash in the bank.
Cleary - to use your word - your "understanding" is somewhat limited not so well informed.
@ upandatit - With this offering there were circa 130 mio shares...
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Last
42.5¢ |
Change
-0.015(3.41%) |
Mkt cap ! $64.29M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 42.5¢ | $4.744K | 11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14999 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 1700 | 1 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| ELS (ASX) Chart |