LIN 6.90% 9.3¢ lindian resources limited

Ann: Proposed issue of securities - LIN, page-4

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  1. 4,622 Posts.
    lightbulb Created with Sketch. 506
    Explain your maths.

    Only 10m options to be issued at 13c conversion price.

    Are you including all options not converted to date in your profit calculation? Not accurate.

    Very difficult to raise funds from sophisticated investors without offering a carrot. At the end of the day a shareprice increase is great news for all shareholders as we have seen.
 
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