Maybe I have been thinking about GPH a fair bit and why the price is so low, it really doesn't make much sense.
But I think the 8 cent options are holding it back, there are so many of them it's a fair whack of dilution if they all come in luckily they are at a decent price, but who wants to pay much above 8 cents now have September swing buy and watch 75 mill odd shares come online in profit.
Not to mention anyone who has a big back of options will most like keep selling prior to free up money to convert and book a profit, September is going to be messy no matter what good news happens before it.
Positive is I think if they can get a good whack of the options converted and some $ in the bank then that should set a good base at 8 cents for it to start a good run from there.
- Forums
- ASX - By Stock
- Ann: Share Placement, Appendix 3B & 708A Notice
Maybe I have been thinking about GPH a fair bit and why the...
-
- There are more pages in this discussion • 4 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 APC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.070M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $1.12K | 1.12M |
Featured News
APC (ASX) Chart |
Day chart unavailable