wobbly, referring to the options, yes may cause a cap raise but the offer is limited to option holders + it lowers the exercise price!! My key issue with the proposal, you all say its great to avoid the cap raise but head holders do not get a look in and so should vote no on it! What better way to push the heads up than leave traders interested in GBM resources only the option to purchase heads?
As for GBM's other things, i have blinkers on, I look at T2 on the SAM and T2 only!
Yes like you sid10 I am down significantly as well.
Things to consider, the options have expired and the proposal of the renewal of options hasn't been voted on yet? Wouldn't this cause issues with the proposal and who can participate in the offer if the options no longer exist?
Pear require your expertise here, i believe you brought up something about the proposal and legalities behind it?
wobbly, referring to the options, yes may cause a cap raise but...
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