Ridgeback gets another 687.5m shares at 2c if shareholders approve it at the end of the month. They already received 72m at 1.7c , you have 53m 2018 5c options that have been exercised over the past few months. Another 147m 5c options left. It seems like a lot of profit taking has and will be taking place for some time. Id be wary of buying into any announcements.
If all these shares/options get issued/exercised and spp goes through we are looking at 2.7B shares on issue. $170m market cap at 6.3c
Re spp conundrum., page-9
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Last
33.5¢ |
Change
0.010(3.08%) |
Mkt cap ! $486.6M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.5¢ | 32.0¢ | $584.2K | 1.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 311433 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 113721 | 6 |
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| IMM (ASX) Chart |