MAY 3.23% 3.0¢ melbana energy limited

In simple terms, IF the share price remains above the option...

  1. 5,015 Posts.
    lightbulb Created with Sketch. 220
    In simple terms, IF the share price remains above the option strike price (2c) you will be purchasing new shares in the company at a discount....win. The proceeds of the purchase go into the company coffers in return for printing new fully paid ordinary shares, as opposed to buying on market where the proceeds go into the pocket of the seller.....win. So if your a LT investor in the company it's a Win/Win scenario.
    Last edited by jakspara: 08/08/18
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
-0.001(3.23%)
Mkt cap ! $94.36M
Open High Low Value Volume
3.0¢ 3.0¢ 2.9¢ $98.24K 3.284M

Buyers (Bids)

No. Vol. Price($)
1 86990 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 181225 2
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.