IMU 1.79% 5.5¢ imugene limited

Ann: Proposed issue of Securities - IMU, page-27

  1. 14,034 Posts.
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    I’m pretty sure now you have no idea of how options work.

    You need to keep in mind that when these options were issued it was a big risk to take them on as at the time who knew how the next 12 months was going to materialise for trials and results.
    There was every chance with one negative result that those options could have expired worthless.

    Therefore it is a huge vote of confidence in the company for all these options being converted as obviously development of products have gone well and company coffers increase.

    I personally don’t trade options but say well done to those who’ve nailed it.

    Cheers. ( I love chocolate )
 
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