The low option price is just a sweet deal for the people that take them. It’s a way for the option holders to get a sweet sweet deal.
I would note it’s unfair existing long suffering shareholders didn’t get the same offer through an entitlement to shareholders.
it is simply an offer for maximum profit for those that participated in the raise. Nothing to do with not expecting much.
LIVE & FREE livestream of company presenting at RIU Explorers Conference tomorrow (Wednesday), page-4
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Last
2.7¢ |
Change
-0.002(6.90%) |
Mkt cap ! $11.03M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.7¢ | $12.98K | 475.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 434615 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 368376 | 2 |
View Market Depth
| Last trade - 15.54pm 20/06/2025 (20 minute delay) ? |
| GML (ASX) Chart |