VRX 0.00% 3.9¢ vrx silica limited

Ann: Application for quotation of securities - VRX, page-8

  1. 37,911 Posts.
    lightbulb Created with Sketch. 828
    you have no idea

    the options expire on 31/7/21

    most folks wait until the deadline to covert

    i sent my 4th and last exercise form & payment today (i've been converting and selling the shares and buying back the options for a 2 cent or so differential profit)

    i imagine close to 100% of the options will be exercised

    i was waiting for a big dump of options yesterday but it never came so i held the last set of shares i received

    if people don't want to exercise, they would have sold their options yesterday, where there were around 6 million buy bids

    nice capital raising for VRX at 18 cents per share; maybe close to an extra $5M in the bank
    Last edited by ddzx: 27/07/21
 
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