ATU 0.00% 0.5¢ atrum coal limited

Grassy mountain permitting, page-15

  1. 1,247 Posts.
    lightbulb Created with Sketch. 264
    if share price is 40 cents everyone will convert options and underwriter won’t get any

    if share price is 20 cents maybe 40 % will convert

    underwriter gets 100,000,000 options converted at 20 cents and laughs to the bank

    this thing is worth $X a share

 
watchlist Created with Sketch. Add ATU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.