BLZ
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0.00% 0.4¢ blaze minerals limited

BLZ - many baggers potential?, page-183

  1. Von Yeol
    244 Posts.
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    27/07/20
    17:52
    Post #: 46101870
    yeah Mundo is making up numbers...

    last year shareholders were offered 1:2 options, 250m shares on offer at the time/2 = 125m if converted...

    with 2 years to run on the options, we have a long time until they will be converted...

    even if they all were 262.5m current shares + 125m options = 375.5 * 6c = only gives a market cap of 22m
    BLZ Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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