"One risk that may have been overlooked is what happens to PENOC shares if there is a share consolidation before a big capital raising. In all the consolidations I have ever seen or been a part of, I have never seen option holder end up better off afterwards. "
Hi PhillW - in the case of a share consolidation, listed option holders would have to be treated equally (proportionately). I agree that option holders should not be 'better off' - but they certainly shouldn't be any 'worse off' either.
some serious buy @2.3, page-67
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $366.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $2.185M | 19.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1892350 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3719 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |