I’ve been contemplating the proposed bonus issue.
As a recent example, LKE announced a bonus option in late July 21 when their share price was 40c. The strike price of the bonus option was 35c. If shareholders exercised the 35c option prior to 15 October 21 they received a second bonus option with a 75c strike price.
LKE raised circa $38 million from the 35c options and the LKE share price is now $1.00.
So not only did shareholders made a significant return on the first bonus option, the second series with a 75c strike are now 25c in the money. Unbelievable and let’s hope IHL do something similar.
As always, IMO it’s the patient and loyal shareholders who will continue to reap the rewards with IHL.
- Forums
- ASX - By Stock
- IHL
- IHL - INCANNEX - HOLDERS RESEARCH
IHL - INCANNEX - HOLDERS RESEARCH, page-302
-
-
- There are more pages in this discussion • 929 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IHL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online