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Ann: Proposed issue of Securities - CRO, page-47

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  1. 12,902 Posts.
    lightbulb Created with Sketch. 15751
    Personally speaking , I would be looking for further ' significant ' and continuing conversion' of ALL 3 date categories of the existing 2.5 cent options. Namely for the clear reasons of participating in the 1 for 4 ' Entitlement ' . And hypothetically , If they all got converted before the ex-date and in time for the record date .....including the 142,400,000 expiring 28th July 2023 , they would raise a further potential $4,586,266 in working capital.

    On the other hand , and if you were a ' Significant ' holder of the 2023 2.5 cent options ' Already ' , then why wouldn't say pick up say another 596600,000 in this time frame.....sneaky.png Ya that's right ......another 1/2 Billion shares at a ' Fraction ' of the cost .....without having to convert your existing ones. Either way , I know what I am clearly doing ......biggrin.png
 
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