Very sorry you didn't understand the post Fergus, we can be lazy with abbreviations sometimes. Anyway think its been explained and looks like you get it but again what I meant was that whenever a company issues new shares or securities it must make an Appendix 3b announcement giving the details of the issue. In todays case it was for an entity paying their money and converting their options to ordinary shares. If the share price holds .4c we should see a lot more people doing the same before the expiry date on 15th December. The positive of this is it increases the cash balance held to fund our repayment and any acquisition we make. The downside is dilution of your share holdings but expected for this size company. If you need help with anything about stockmarket look up the ASX first, quite helpful and you can ring them.
BAS Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
(20min delay)
