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2.90% 35.5¢ argent biopharma limited

Ann: Notice to Holders of Expiring Options, page-2

  1. Footmax
    14,010 Posts.
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    03/08/21
    09:52
    Post #: 54982837
    From memory, this is the second time MXC has not been able to get funds from the sale of options.

    Missed opportunities to increase cash flows - not sure how much this time but I think the last time it happened, the value was $5mil.

    Listing on the LSE should have increased the SP over the 4.5 cents value of exercising these options.
    MXC Price at posting: 4.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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