HAS 0.86% 29.3¢ hastings technology metals ltd

Ann: Hastings Raises $40m in Strategic Placement to L1 Capital, page-42

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  1. 1,918 Posts.
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    I believe share price, at current level of progress and risk, should be about 36-38 cents

    i expect it to get there rapidly within 3 weeks of options expiry. It may very well also overshoot.

    recent examples of option conversions I recommend looking at include DYLO, VRXO, AVRO

    keep in mind:
    DYLO has a weird “forced conversion” clause which I believe actually helped mitigate manipulation
    VRXO missed some big milestones and got hammered soon after the conversion
    Perversely, AVRO had an underwriter that obviously had a massive incentive for options to go unexercised
    Last edited by Glpg: 05/04/22
 
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