Angk 43 wrote "make no mistake, IFE needs all the OP money they can get and then some. I wouldn't be holding my breathe on debt finance at all. We may even see a cap raising shortly after the op to cover any short fall."
I don't know how you can say that with such assurance. Sure, the company needs a bunch of money to get through to production but none of the signals I am reading indicate that the only source is from the oppies. Nor do I see a further cap raising as likely - largely because the company has exhausted its right to issue further shares without calling a special general meeting for approval and that would just look desperate. The SP seems to be holding at 80'ish without any obvious propping up and certainly there is not a flood of sellers. The directors are just not acting as though it matters to them whether the options are exercised or not....which is probably a signal to option holders that they should exercise - not to loyaly support the company but because it is a good investment .
I have gone from frustrated to intrigued !
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Angk 43 wrote "make no mistake, IFE needs all the OP money they...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $3.158K | 789.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1610394 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4420458 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1610394 | 0.004 |
11 | 11980554 | 0.003 |
9 | 5657799 | 0.002 |
6 | 8088888 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4420458 | 10 |
0.006 | 5851693 | 5 |
0.007 | 3655116 | 5 |
0.008 | 3761706 | 9 |
0.009 | 4646699 | 11 |
Last trade - 13.57pm 06/08/2024 (20 minute delay) ? |
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