Thank you QT and Marg and Tau,and Et Al
Been pondering the problem of why is belly button lint always blue,
Then ones mind drifted to the thing about a BIT.
and pon trying to fire up a few brain cells post the previous evening massive Dram session,
when fell out of the lounge no less than 5 times,have come up with the follow Note@Me etc...
~
Once Oppies are converted,
871390 with
the now at SR= 502,420,782
= + 871,390
__________
503,292,172
For a tiny cash injection of
Number + Class
Numberand + class
of all securities quoted on ASX
(including the securities in
section 2 if applicable)
503,292,172
77,689,157
115,951,384
Fully paid ordinary
shares.
30/11/18 6 cent options.
12/12/19 5 cent options....
So from this one can deduce that there are a total of
193,640,768 opps on the books,
ex $ av @ $0.058~
=
$11,231,164 worth to be unloaded by those who got in
around 44,000,000 odd units traded in the last odd week
in the $0.01 to $0.05 range in the OB out of 115,951,138
@~av $0.042~= $1,848,000 not counting the tail to head
tot outlay
Thus when depending on the days MDepth with is currently
29.5M in the low high range of $0.12 to $0.24
with the spread of by side out of wack with the vol to come
in at 2.6 to 1 deficit, in jusy the OB,
and adding to that the full tot of 115.9M+77.7M
=~193.6M
to bring full dill of SR to
502.4M + 193.6M= 696M at even todays MC of
$118M
would potential bring the eventual MC to a support price
of avbout $0.17 to $0.12,
,
and from the anns of the 3B 11 Oct 2018
and the Quart 4C 30 June 2018 with potential out Qurt Flows
of $576k and a cash position of
$1,543k and even with the R&D refund, of $1.072k
+= $2,615k on hand - Tot Quart est outflows of $687k
= $1,928k with the pittance of a $50,969 +
and the tot OA amd OB still in flux,
Wish all the best but would caution caution.
Oh and not even bothers to disect the OA vols
in range 70M odd units in $0.03 to 0.05 range,
if these are all converted early could pose some problems,
