PAA 0.00% 19.0¢ pharmaust limited

Ann: Options Offer to Existing Listed Option Holders, page-30

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 329 Posts.
    lightbulb Created with Sketch. 201
    I feel like a fraud now as I don't like to comment on stocks I don't hold as a rule, but as I still hold a couple of options, why not.

    The only good thing about this announcement is that they have 2 years to get to a lower point than the original options which, if the happy clappers are correct, should be a walk in the park.

    The actual act of expecting shareholders to repurchase something they already own (albeit knowing they are dead otherwise) is a joke.

    And all this without even a hint of a 'sorry we lied the first time' about the prospects of getting them in the money.

    They now want another 2.5 years of patience and trust to try again while getting enough coin to pay another year of wages. Well played sirs, well played.

 
watchlist Created with Sketch. Add PAA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.