ARL 0.00% 39.0¢ ardea resources limited

2017 Cobalt boom & 2018 Nickel boom?, page-224

  1. 3,625 Posts.
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    does this make sense really?

    if the options are at a higher exercise price then the company will get more cash

    for example if the exercise price is $1 they will get about $21m

    if the exercise price is $1.50 they will get about $31.5M

    they will do better to push the share price as high as possible on the 9 May or for the 5 trading days before that

    isn't it?
 
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