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Ann: Expiry of Listed Options, page-10

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  1. 982 Posts.
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    We're set to open on 1st of July. What does that mean.? Well it means that apparently this Gold idea has only just materialized and couldn't have been sorted before the expiration of options on 30th of June this year. Hey I'm glad for the news FINALLY.!! But you just can't write this stuff up. The timing being just right as the options expire is a kick in the teeth, because whether or not many would be exercised would likely be determined by the price at which this capital raising is going to be done at, which we don't know until after the options expire.

    And it makes me excessively angry at the lack of response from the company, especially having been a long term holder.

    You can't write this stuff up.

    TOWB
 
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