Although only raising 400K in the short term longer term when the options are execised they raise 8 million. The company did this to look after existing shareholders. They stated in the orginal prospectus that they would issue a loyalty option with strike at $0.20 and thats what they have doneeven though the float was more sucessful than anticpated. They may have been able to get a higher price but they have stuck to their word.
Anyone who has taken a position in the company since floating was aware of the option(and subsequent)dilution and nothings change with the companys story so I see this as a huge opportunity. Its a very cheap way to take a position in BOA for 12 months.
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.467M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $200 | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 181579 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 97088 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 181579 | 0.019 |
1 | 140000 | 0.018 |
4 | 550790 | 0.017 |
2 | 302437 | 0.016 |
2 | 82499 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 97088 | 1 |
0.027 | 125000 | 1 |
0.028 | 114481 | 2 |
0.029 | 200000 | 1 |
0.030 | 361993 | 4 |
Last trade - 12.52pm 24/07/2024 (20 minute delay) ? |
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