RGT 1.92% 26.5¢ argent biopharma limited

Ann: Exercise of 6.5c Listed Options - Appendix 3B, page-2

  1. 1,196 Posts.
    Just looking through the options section and found:-

    Options exercisable at $0.04 each on or before 30 June 2017
    Options exercisable at $0.20 each on or before 30 June 2017 (1,000,000)
    Options exercisable at $0.30 each on or before 23 January 2018
    Options exercisable at $0.35 each on or before 23 January 2018
    Options exercisable at $0.40 each on or before 23 January 2018

    Would not overly be concerned with others but the one listed 30/6/17, April now at price of 8.2c, 1m options exercised at 20c end of June, would indicate either a. options are going to be worth less than share price or b. share price needs to hit about 20c by June to even justify exercising those without sitting at a negative loss.
 
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