I did notice one thing of interest today and that was the 3B Notice.
Somebody has converted 834k+ Options into full shares.
Now there are two things about that :
(1) That is another $20,000 plus of capital into RAU coffers
(2) Presumably this could be someone who has accumulated the Options over past weeks at reasonable prices and now has paid the conversion rate of 2.5 cents to convert to full shares.
QUESTION : Will all those new shares be retained or will they be put onto the market so that the owner can then make his profit on the difference between what was paid for the Options plus the 2.5 cents and then what they can be sold at as full shares now. ????
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