I think HR is referring to the approx 55m unconverted hego options. I reckon it would be better for the co to let this amount lapse, otherwise I can see a fund buying it and putting it up for sale immediately for a quick easy profit. It will cost them 15c a share and the price of a share is already 18c. Maybe, Opaline can throw some light on this. Can heg stop a fund from selling for a certain period of time? Or on the other hand can heg sell it to a fund at todays price?
value, page-10
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Mkt cap ! $6.242M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $5.935K | 2.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 36635293 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 34280767 | 11 |
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