At the current OA price, whoever converted could have sold the 35 million for $560 k.
However, he chose to convert to shares, at 0.9c. At the current SP of 2.2c, if he then sells the shares he would realise only $455k.
So in fact, whoever converted these OA's chose the lesser profit, in fact, some $105k less.
WOW - that's confidence.
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Mkt cap ! $11.10M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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0.4¢ | 11514617 | 22 |
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19 | 13295353 | 0.002 |
10 | 17300024 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
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0.005 | 5697103 | 27 |
0.006 | 5239567 | 10 |
0.007 | 1118334 | 6 |
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