Assuming the share price is 1.4 c in early December why not just buy more heads on market instead of converting the oppies. Depending how many oppies one holds of course. However with an example of say 1-2 million oppies I think it would be better to just buy the heads on market. One would think that if Mr T gets his 51% by early November the price would be around 2.1c, hopefully bringing the oppies to 0.3c.
Why No Takeover??, page-36
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Last
32.0¢ |
Change
0.030(10.3%) |
Mkt cap ! $162.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 32.0¢ | 28.5¢ | $82.98K | 270.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2580 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 61425 | 2 |
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| AKM (ASX) Chart |