Hi all, Ive been sitting on the sidelines trying to work out what to do. Have been reading up on MAK and have been very tempted to buy, and must admit I was kicking myself today to see it rocket up 30 % and be sitting on the sidelines. When researching though I see 15 million odd options are to be converted by years end.What effect do people think this will have? Obviously they wont all be able to be funded by the owners and will have to be sold. So do you think the break in trend today could more than offset this added selling pressure that could be just around the corner? Thanks in advance :)
what effect 15 million options
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $11.74M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $12.97K | 2.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 11833021 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 9011419 | 13 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| AEV (ASX) Chart |