I agree that there is no harm in sending out such a notice but this is not normal business practice. In 30 years of investing and holding options in quite a few companies I have never received a notice of this nature 13 mos out from the expiry date. The moment I received it I quickly checked the expiry date on the options (just to be sure) and once confirmed I thought it very strange to send it out so early. I am not surprised that some holders think that there is some other motive driving such a move.
Ann: Letter to IMUOA & IMUOB Option Share Holders, page-35
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Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |