There's also a 6% discount in there. That's a 1.9c bid.
The bid is non-binding, so they can pull out at any time before the deal is done. If this were an "on market" bid, people would be crying foul about it being a fake bid to prop the price.
An interesting 2019 ahead, that's for sure.
Ann: Options Underwriting, page-9
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1.4¢ |
Change
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Mkt cap ! $129.4M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 29492532 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 3429220 | 13 |
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