not really because they free 1/4 of their cash and buy the options for less than 2 cents each
why would have you have $1.4M of potential cash sitting in 14M shares when you can outlay (by now) only $140,000 for 14m options?
it was unbelievable (crazy) TNG gifted those options, which I what I posted on my very 1st post the day of the announcement
regards
Sentiment, page-30
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $77.73M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.7¢ | 4.5¢ | $73.91K | 1.607M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1737549 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 69966 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| TVN (ASX) Chart |