On 30th June we have 12o mill option conversion ..so called underwritten with no cancellation conditions.
Withshare at 9.4c and underwriter getting 5%fee...so they have to cough up net 9.5.
KRCOA now in 2+ I would not to be a holder. As conversion time nears I doubt these will be in the money.
Not sure the how deep pockets the underwriters have.
option conversion
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Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $16.57K | 1.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 373860 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1975212 | 8 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 0.9¢ | 0.9¢ | 0.9¢ | 500000 | ||
| Last updated 15.57pm 07/06/2024 ? | |||||
| KRR (ASX) Chart |