I think you are right when your thinking of conversion of options, $20m USD was raised most recently at $18.75 USD on the Nasdaq which equates to roughly $28m AUD at 67 cents on the ASX, hope this clears up any confusion.
IMC back to 60c plus, page-148
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Mkt cap ! $22.8M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 10653 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 10.5¢ | 207757 | 9 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Last updated 12.15pm 03/05/2024 ? | |||||
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