The share price will need to be way higher than 6 cents and there will need to be some prospect of an outcome from further trials before a rational investor would exercise the option to convert. The results that haven't knocked it out of the park won't get BIT there so it's down to a deal for whatever they can get before the cash runs out.
#Lotswrongnow.
The Final Countdown, page-195
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Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $18.04M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $6.191K | 315.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 963297 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1734532 | 5 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BIT (ASX) Chart |