I'll try and cheer you up. The exercise price on the options was 1.5 cents (post consolidation equated to 0.075). Assuming 5m options now is 1m shares it would have cost $75k to exercise. Today the sp is 0.01 so cost to purchase is $10k. Same coy, same mgt, same projects, better numbers so theoretically your options were a very good buy if the intent was to be a LT holder. Also consider the SP was .004 six months ago and the coy was making money and that makes the number is even better and I was surprised more option holders didn't take the free kick presented.
The Sinkhole finished the opts imo. Had it not occurred I am confident at least 2 other wells would have been completed last year. Doesn't mean they would have been successful.
PS: I got this logic from my kids who explain how much they save me when they buy stuff on special. Also only held options up to Desiree results.
All opinion, DYOR etc
Cheers
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I'll try and cheer you up. The exercise price on the options was...
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $9.380M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $300 | 119.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 28928674 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 6066692 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 27599472 | 0.004 |
11 | 4475392 | 0.003 |
11 | 11600000 | 0.002 |
8 | 42550054 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1150528 | 3 |
0.006 | 5120000 | 2 |
0.007 | 1285351 | 3 |
0.008 | 5480000 | 10 |
0.009 | 400000 | 1 |
Last trade - 10.36am 28/11/2024 (20 minute delay) ? |
GGE (ASX) Chart |