I should say the flip side to the options is that the 2.6c conversion goes straight into the kitty.
So 90M option converted would generate $2.34M.
Listed options would not have the urgency to convert with ascending share price, because the options would grow in tradable market value as well, leaving the company with less probablility to milk the option strike before expiry.
All IMO.
;D
- Forums
- ASX - By Stock
- WITS 2.0 in the Pilbara?
I should say the flip side to the options is that the 2.6c...
-
- There are more pages in this discussion • 543 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KAI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
0.002(16.7%) |
Mkt cap ! $36.69M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.3¢ | $69.77K | 5.099M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 532588 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 3271876 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 532588 | 0.014 |
3 | 856412 | 0.013 |
30 | 7939034 | 0.012 |
14 | 3159908 | 0.011 |
11 | 5150099 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 3271876 | 9 |
0.016 | 1880556 | 9 |
0.017 | 4444117 | 3 |
0.018 | 2705149 | 4 |
0.019 | 1370000 | 3 |
Last trade - 15.50pm 28/03/2024 (20 minute delay) ? |
|
|||||
Last
1.4¢ |
  |
Change
0.002 ( 12.0 %) |
|||
Open | High | Low | Volume | ||
1.3¢ | 1.4¢ | 1.3¢ | 995708 | ||
Last updated 15.50pm 28/03/2024 ? |
Featured News
KAI (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online