Any experts in the crowd out there who know if there will be any impact on the SP, given the announcement that appeared on the ASX website at 6:16PM?
The notice is a Section 708A of the Corporations Act one, which states:
On 16 January 2008 Pacrim Energy Ltd issued 19,250,000 fully paid shares under a conversion of options. They go on to say that they have complied with all the provisions of the act, but mention as point 1: "The Company issued the shares without disclosure to investors under Part 6D.2 of the Act;
Any worry here? There's no mention of the price of the oppies or the converted price. Any insights? Thanks!
- Forums
- ASX - By Stock
- PRE
- conversion of options
conversion of options
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online