With my limited knowledge if I was the one in control of releasing news, it would be Mon 27th or Tuesday 28th. My reasoning is that until the 27th there are several TV channels in the US airing the 1min promo on the LF Doco. If that airs Mon 27th evening US the a Tues28 Aus announcement or even a halt (less likely) dovetail perfectly with the doco potentially creating massive fomo. Alternatively and perhaps even better, dropping news next week may create a second wave of buying from the doco to push the price even further on the back of news.
At the end of the day, the company wants the price as high as possible from here and is full of professionals to do so. Firstly they will want to convert every single A option for easy free working capital, and secondly so that any potential negotiations, offers or bid wars will be as high as possible. The history of the company's strategy, regardless of how we 'feel' about it, has been very successful; they have been able create a rise in share price on demand before each cap raise. I would expect nothing less this time around. Options A expiry is basically a free cap raise for the company - it would be very poor on their part if they didn't pull it off.
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $505.0M |
Open | High | Low | Value | Volume |
7.0¢ | 7.1¢ | 6.8¢ | $1.427M | 20.55M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 57517 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 667419 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 57517 | 0.069 |
32 | 2289313 | 0.068 |
17 | 2338899 | 0.067 |
13 | 1712188 | 0.066 |
36 | 1652866 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 667419 | 9 |
0.071 | 4459857 | 9 |
0.072 | 2269414 | 14 |
0.073 | 1105338 | 9 |
0.074 | 802935 | 8 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
6.9¢ |
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Change
0.000 ( 0.29 %) |
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Open | High | Low | Volume | ||
6.9¢ | 7.1¢ | 6.8¢ | 7149293 | ||
Last updated 15.59pm 21/05/2024 ? |
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