UCL ucl resources limited

But look at the option expiry price.If 500m options are...

  1. 1,648 Posts.
    But look at the option expiry price.

    If 500m options are exercised that is $50m in cash to the company.

    And remember that the price has to get to just about 4 times the current level for the options to come into play.

    Just my opinion but I don't think the options are hugely significant at this point.
 
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