Yes very disappointing indeed. I think the options entitlement announcement would have done a lot more for the share price if:
- the company first announced it's intentions for the options closer to the prospectus release date (or released the prospectus closer to initial announcement date)
- the company timed ex date to not be immediately after a non trading day (public holiday)
- the company released the announcement during trading hours (not after market hours as they did).
A lot of disappointment amongst shareholders as it is obvious here. Would be interesting to see how many keep their shares after Tuesday!
TJSkins, I read your piece on xTV at TBF - thanks for sharing your detailed views and research. Do you still have the same SP projections and targets given the recent events these last few weeks?
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