Maybe? could be a positive ,could be a negative. One things for sure they are not helping decision makers in respect to exercise of options. Time is running out. It would need the mother of all positive announcements to turn the tide. Maybe they dont want to save the options but will offer them to an underwriter at 10c and a big fat fee for the underwriter bringing their price under 10c. Having said that I dont think underwriting will happen as the company was not willing to extend option expiry for existing holders, so if they allowed an underwriting scenario that would be like extending the date for non holders to the detriment of the former holders. Company would be treading dangerous waters by doing that in my opinion.
Cheers
Sav
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Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1795 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |