KAL 12.0% 2.2¢ kalgoorlie gold mining limited

exercise price of oppies, page-6

  1. 14,981 Posts.
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    hey Rocket_man
    I ninitially thought the same. My thoughts on this now, and why I've got mainly oppies here:

    1. Excellent leverage at a low price
    2. I imagine the directors want the money from conversion of oppies - more $ from conversions, means less of a need to raise capital
    3. They will have something up their sleeve to achieve this.
    4. They have played this professionally so far, updating the market on great results, but then also telling the market when to expect the next round of news on "each" occasion - hence not allowing the sp to slip, as investors know whats coming up (now wouldn't it be great if all companies did this??)

    Not many oppies up for sale, seems those holding believe, me included of course

 
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