ION 10.0% 0.9¢ iondrive limited

Ann: Ceasing to be a substantial holder, page-3

  1. 364 Posts.
    lightbulb Created with Sketch. 1
    Looks like Crescat have dumped their shares.

    These shares were issued at October 2020 EGM as part of last year's capital raising.

    "The total number of fully paid ordinary shares the Company will issue will be
    20,840,000 Shares and 10,420,000 unlisted Options exercisable at $0.18 per share,
    expiring on 18 September 2022"

    I guess they will keep their options in case if a miracle occurs and the Options come "into the money". I would love that.

    I guess that explains the higher activity volumes.
 
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