SRI 6.25% 1.7¢ sipa resources limited

starting drilling, page-28

  1. 35,905 Posts.
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    GeoVar,

    "So for example if you took up 200,000 options at 1c you would have 2k profit. The 200,000 shares at 3.5c would have cost you 7k but are now worth $6,600(3.3c). You would still have overall profit of $1,000. Does that sound insane?"

    And how many shares did people have to accumulate to be eligible to the share and option issue in the first place to make this theorised profit?

    You should be in politics, they don't use all the info either.

    MI
 
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