ICG inca minerals limited

Ann: Expiry of Listed Options, page-3

  1. 3,958 Posts.
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    Another Option goes wanting, each capital raise they do a song and dance about the generous options but to date the majority have failed. If I remember in the time I have been an INCA supported I have seen 5 options fail and only 1 succeed to completion. So anyway this was attached to the notice.

    If the market price of the Company’s shares exceeds $0.025 (2.5 cents) before the Expiry Date, the Company will immediately send an option expiry notice to holders of the Options.

    How can the share price rise when there has totally been no news from Management. There has been very little communication from the present team to the shareholders except the filling of their own bags share wise and options also at cheap prices. These offers were not extended to rank and file share holders due the offer was to good and only they themselves were allowed to purchase.

    Watch the flurry of activity when the options attached to the recent capital raise become applicable.
 
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