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Bugger...prob right...need to check Anns. Thought AGM was...

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FullMoonFever

6,251 Posts.

2866

19/12/15

10:40

Post #: 16649900
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Originally posted by rony18 ↑

Hey guys. I stand corrected here but those 10 cents options were issued in may 2015 and this at agm is just ratification as such. The share price at the time was very attractive comparatively(around 13 cents) to now and 10 cents options would of appeared as a gift(at that time)to these so called professional asian investors who received the options in return for assisting with promotion of and introducing wavefront technology to investors in mainland China.
They may not be so popular now if any of the potential investors took note and invested in nxr at the time. They would be sitting on a big loss like most of us here. As to the options it is hard to see them being in the money before expiry unless there is some dramatic shift and small miracle that occurs? IMO

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Bugger...prob right...need to check Anns. Thought AGM was implying some new issue.

NXR Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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