NGF norton gold fields limited
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Ann: Appendix 3B Exercise of Options , page-2

  1. Gwaihir
    5,483 Posts.
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    03/01/14
    15:10
    Post #: 12764429
    The share price is 13 cents.

    So why would anyone exercise 3 options at 27 cents?

    Can anyone explain a reason for this?

    Does the exercise of an option trigger something (that I'm missing), perhaps a 3B announcement?

    Why would anyone spend a massive 81 cents in total to exercise 3 options?

    Gw
    NGF Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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