It's a shame how these things work out. If they'd tried to make a case for an extension on the TNROB that'd have been one of the strongest arguments to make; not doing so will actually be disadvantageous for existing holders.
Right now the looming deadline on the options is distorting the trading in heads. If the options were still 6 more months away, then none of the side-liners would hold the slightest illusion that they could hold out for them to expire, and they'd probably already be in the money right now.
Faint hope though it might be, I still hope that Torian will figure out a way to do something about the options... either a great ANN, an extension, or some alternate offer (some replacement options maybe, although that'd need a vote I'm sure). Anything to keep a discounted institutional placement out of the picture, thanks.
As I've already indicated I hold some TNROB, but I'm much more interested in what $5m could do for TNR heads. And at the current market cap, having 500m more shares come on the register in exchange for $5m in cash is a very fair exchange anyway.
- Forums
- ASX - By Stock
- ASR
- tnrob
tnrob, page-16
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASR (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.22M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $20.02K | 3.337M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 241693 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 11894732 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 241693 | 0.006 |
8 | 20604106 | 0.005 |
9 | 7386262 | 0.004 |
10 | 7946986 | 0.003 |
8 | 8750101 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 11894732 | 10 |
0.008 | 4122035 | 10 |
0.009 | 4400000 | 4 |
0.010 | 1675000 | 4 |
0.011 | 2622000 | 3 |
Last trade - 15.13pm 23/08/2024 (20 minute delay) ? |
Featured News
ASR (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online