It's all speculation and the possibilties of the actual outcome are infinite. We'll only know in hindsight.
EG. As a nonholder at present, you could have bought 1,000,000 @ an average of 0.049 putting the SP up to 0.051 bringing the options into the money. Then possibly the 30,000,000 would have been excercised putting cash in the can, thus providing more confidence from retail and the SP rising to 0.06. You could have made a quick $10,000 on your $50,000.
We'll have to wait and see how the next few months play out.
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Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $52.32M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.7¢ | 6.5¢ | $9.618K | 146.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 141231 | 6.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 142331 | 2 |
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| Last trade - 15.33pm 16/08/2024 (20 minute delay) ? |
| 3DP (ASX) Chart |