GRL godolphin resources limited
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Alan ... the idea is to DISCOURAGE original IPO stock holders...

  1. Tibbs
    12,488 Posts.
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    21/02/07
    09:39
    Post #: 2212152
    Alan ... the idea is to DISCOURAGE original IPO stock holders from selling

    FACT... IF they stayed "loyal" & didnt sell, no one could buy in late & take advantage of the opportunity.

    Hence ... they are called a "loyalty" option bonus issue. The'disloyal' sellers lose the privilege & new buyers gain it.

    Semms fair to me ;-))

    cheers
    GRL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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