SMN 2.63% 58.5¢ structural monitoring systems plc

SMN chart, page-43

  1. 2,027 Posts.
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    I am talking about buying 20,000 shares now compared with 20,000 rights. That is the comparison.

    You do not have to pay for exercising options for 2 years.

    20,000 shares now costs $17,000 @ 85 cents
    20,000 rights cost $18,000 @ 90 cents but controls 30,000 shares by incorporating the options.

    The rights are far more valuable @ 90 cents than the shares now @ 85 cents.
 
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