WOF 0.00% 1.1¢ wolf petroleum ltd

$6m mcap,18m acres,results soon,direc buyin , page-12

  1. 167 Posts.
    The options issue isn't odd at all and makes a lot of sense. From the companies point of view they are effectively raising capital at higher than the market price...... you combine the funds raised at the options issue with those raised when they are converted to shares to assign the real cost of issuing new shares. If the the options never make it into the money they eventually expire and money has been raised without dilution. Jason Peterson is an expert.
 
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Currently unlisted public company.

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