" 48,820,000 unlisted options issued on 24 December 2019 with an exercise price of 6.4 cents and an expiry date of 28 November 2022. During the year 5,500,000 of these options were exercised leaving 43,320,000 remaining options."
Funny how James said a whole heap of options will expire worthless. If we get another announcement such as a resource upgrade, these options could be in the money. We got to a high of 5.8c Monday. Will not take much for the share price to go to 6.4c. However, there is a wall at 6, 6.1 and 6.3 and clean air after that. Is the wall real? Feedback from some shareholders are saying this offtake and todays voting should of seen the share price much higher. Very interesting!!!!!!!!!!!!!!!!!!
43 million * 6.4c could bring in $2.75 million cash.
ADN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
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