You aren’t concerned about a raise ?
Well if you hold CTMOA/OB and they go and hand them out for free on a 1:1 basis again, you might be a little disgruntled
You also have to consider the dilution. At 1c, it’s capped at $17M. At 0.5c, only $8.5M. They will need at least $2M to sit comfortably, so you would want to be pushing it to a cornerstone and at 0.8-1c to minimise dilution
The 0.6c engineered closes suggest someone may be pushing for a 0.5/0.6c raise - this would be the gift of 2018 to whoever receives it
Hope I’m wrong for all holders. The options should be in the money by now and self funding CTM
Ann: Centaurus Secures Grant of Highly Prospective SW2 Tenement, page-60
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43.5¢ |
Change
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Mkt cap ! $221.0M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 45.0¢ | 43.0¢ | $58.09K | 130.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 610 | 43.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 6946 | 3 |
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