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re: 1m bidder at 10.5c - katy28 Robertgo, why are you concerned...

  1. woy woy
    3,628 Posts.
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    14/10/05
    18:00
    Post #: 1175924
    re: 1m bidder at 10.5c - katy28 Robertgo, why are you concerned about the options being converted?? They already trade on the ASX as TOXO, they are included as shares in any calculations being done, and the exercising of them will add $3 million to the coffers of TOX.

    It's not like there are more shares being issued. They are just being converted at a cost of 3 cents per share to the holders. This is more of a positive than a negative IMO.
    TOX Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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