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6.25% 1.7¢ new talisman gold mines limited

The SPP - So why now?, page-8

  1. Wilma85
    7,954 Posts.
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    31/08/17
    09:31
    Post #: 26885850
    Another reason for the SPP issue price... there are ~120m 2c options (NTLO) that are in the money. It could be a hard sell if the SPP issue price was at too much of a premium to the exercise price of NTLO.
    NTL Price at posting: 2.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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