ADN
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0.00% 1.6¢ andromeda metals limited

Ann: Appendix 2A - Exercise of Options, page-11

  1. Merlin1066
    250 Posts.
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    20/05/20
    22:32
    Post #: 44737692
    $10,000 of heads at 3.3c = 303,000 shares now at 5.7c each = $17272
    $10,000 options at 2.0c = 500,000 now at 4.4c each = $22,000
    plus 500,000 x 1.2c = $6,000 to convert options to fully paid shares ( heads) prior to Nov 2020 otherwise options are worthless

    ADN Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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