Especially when you consider the Canadian deal cost us AUD$1.2M and Bergen raised USD$2.0M. So in effect Bergen only really contributed about AUD$1.5M in net real terms and 1/3 of that was in July. AND they got a few million shares for free to pressure the share price (IMHO) as they no longer have the commitment shares according to the SS statement. And a whole lot of free options to boot.
If I was DS I'd be really p!ssed. But what would I know.
Between the free options, free commitment shares they own more than 7% of the ADO (over 80M shares) for way less than AUD$1.5M - and they didn't have to case the position on market! What would that have cost them? Nice little earner for 6 months "work". 7% for less than $1.5M
(music and singing...) "Follow the yellow brick, follow the yellow brick, follow the yellow brick road..."
Vote for the scarecrow (no brains) ?
DYOR, IMHO etc.
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- Well done......
Especially when you consider the Canadian deal cost us AUD$1.2M...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.36M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $25.66K | 1.278M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2392933 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 448141 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2392933 | 0.020 |
9 | 3925136 | 0.019 |
7 | 1460888 | 0.018 |
8 | 1121559 | 0.017 |
6 | 1263250 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 448141 | 6 |
0.022 | 627181 | 9 |
0.023 | 1004462 | 10 |
0.024 | 1378248 | 6 |
0.025 | 2294771 | 6 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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