GRL godolphin resources limited

1 cent options rights issue, page-9

  1. 12,488 Posts.
    lightbulb Created with Sketch. 301
    Alan ... the idea is to DISCOURAGE original IPO stock holders from selling

    FACT... IF they stayed "loyal" & didnt sell, no one could buy in late & take advantage of the opportunity.

    Hence ... they are called a "loyalty" option bonus issue. The'disloyal' sellers lose the privilege & new buyers gain it.

    Semms fair to me ;-))

    cheers
 
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