Exercise price of 2c. Currently trading at 0.3/0.4. Expiry in Jan 2014. The company will need to pull a massive rabbit out of the hat for these to be converted. At what point do investors recognize their options are at risk of expiring worthless? Has the penny started to drop already? Is the company going to do anything about it?
I realised playing the tails is a bit if a mugs game when the CEO of a company I had tails in could not care less if they expired worthless. I hope this is not the case here.
time to start thinking about tails
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $56 | 19.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 27047450 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11708368 | 17 |
View Market Depth
| Last trade - 15.59pm 29/08/2024 (20 minute delay) ? |
| ECT (ASX) Chart |