Quoted on the ASX is now 105,204,071
Options quoted 22,887,810
($0.66 31 Dec 07)
Options not quoted 26,309,890
($0.44 30 June 08)
1 convertible note worth $999,463 (10% June 2007) Includes one free attaching option per share...
Today each NEO share was diluted to the tune of 6.74%by my reckoning and yet the share price was up!
In the case of the options this is classic NEO. The public has until Dec this year to be in profit at $0.66+ while the enlightened and creditors alike have an extra 6 months to see $0.44+
While the psychology of a ten to one consolidation has not been lost on me as the market cap still lies at the end of the equation.
Always DYOR my information may be flawed.
NEO
nuenco nl
Quoted on the ASX is now 105,204,071Options quoted...
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