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23/10/20

14:51

Post #: 48338929
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Originally posted by DoubleDown!: ↑

The irony of it being me going on about "bogus" CR propaganda in a discussion about extending the terms of the largest CR in Norwood history must be lost on you.

I found an example of it being done and I was bang on as usual. It required a new issue rather than an extension. It also required an SGM and carve outs for related parties and ASX permission. It was also for a low number of options not for nearly 50% of SOI. It also included a nominal purchase price of 0.001 per option. So it can be done, there were considerable numbers of abstained votes in one meeting but it was ultimately passed. LCY in 2012/13. The extended options at their new expiry two years later were still out of the money and never exercised.

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You are always so far off the mark, but continue to post as if you know it all.. yet your predictions are so consistently wrong.
You're stating 2012/13 now.. just like when you post irrelevant Nor holder lists and charts from several years ago!
Again you need the forum to do all your work for you, while you downramp daily.
Quite a few companies have done things to revive expiring options much more recently than you suggesting it happened in 2012/13!
Once again, we help you out.. but I'm sure you will find some negative spin, or resort to a "CR!!" post.
That old classic!

NOR Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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