NDO 0.00% 77.5¢ nido education limited

option issue

  1. 1,387 Posts.
    I propose this.

    NDO do an option issue for its weary shareholders.

    Forward eX date 6 weeks, to provide buying pressure.

    for every 5 shares held, one option with strike price 5c, issued at cost 0.5c. Expirey 2015

    Inherently, an option whose shares would be bullish to surpas that strike, would trade on a leverage out of the money ratio, 1/3 hence with an inhernet trade value of about 1/3 of 3.6c = 1.2c.

    Thereby giving shareholders .7c in the trade money.

    Better yet, buying pressure, might see the stock rally as holders keep the x date, and re settle ndo into the 4-5-6c, then the inherent value accends.

    What about it?
 
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