Looking at todays volume I'd be surprised if they could be liquidated any faster than 250,000/day without taking a substantial drop in value. That's over 4 years to cash in at these prices and volumes.
And the self acclaimed smart operators amongst us think they will be sold off by the truck load.
As wasko rightly says above, AF could sell off his existing holdings today and has no need to wait.
When qqqqqqqqq works out Peter Richards has oppies, valued at way less than the exercise price, making up 62% of his holding he's going to lose his mind. I on the other hand take Peter Richards' position as an extremely positive indicator for the SP mid 2023.
I could be wrong and have been many times before but I highly doubt Peter Richards, who has access to all the info, will be wrong and watch 46,659,131 oppies vanish into thin air.
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Looking at todays volume I'd be surprised if they could be...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.24M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $9.396K | 854.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 13826610 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 3486919 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 13559610 | 0.011 |
18 | 7923556 | 0.010 |
8 | 4185107 | 0.009 |
3 | 10124931 | 0.008 |
3 | 5232562 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1431787 | 5 |
0.013 | 3409012 | 13 |
0.014 | 6745295 | 17 |
0.015 | 2072316 | 7 |
0.016 | 6251500 | 4 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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