ASE 6.25% 3.4¢ astute metals nl

Ann: Astro secures binding commitments of $3.55 million, page-5

  1. 1,930 Posts.
    lightbulb Created with Sketch. 1005

    Agree, but you would have to admit it's a fairly substantial raise at market price..

    I just can't say I've ever seen attached options with such a short expiry date.. I mean we are literally talking a few months with an execute price at 100% premium??

    it suggests to me they are very confident things are going to move in the short term..

    it is certainly not a company I would be recommending to friends however probably pretty safe to accumulate these levels and say
 
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