They would only need to have options converted if no deals are signed or no other revenue coming in.
If management really believed that incoming revenue was a near future thing then they should expect the sp to be higher than the current sp, so show faith, show the so called ability to deliver shareholder value that they claim to have and set the strike price much higher than what the current sp is.
With a low strike rate management dont have to do the hard yards required to get the sp above the strike price
They would only need to have options converted if no deals are...
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.30M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $92.68K | 4.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2165613 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1585799 | 5 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
-0.002 ( 6.38 %) |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.3¢ | 2.2¢ | 2280951 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| ADO (ASX) Chart |