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12.5% 0.9¢ triton minerals ltd

Ann: $6M Underwritten Entitlement Offer to Fast Track Ancuabe, page-148

  1. Hemmo
    1,353 Posts.
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    20/11/17
    20:23
    Post #: 28963088
    I don’t know who your broker is but you are right 100000/8=12500 shares payable @ 7c. BUT next year
    same amount 12500 options payable @ 11c if you wish to buy them which will then convert into ordinary shares.
    For each share you buy at .07c you will get one option @ 11c which you can take up anytime until december 2018.
    Hope this clarifies it for you @ronleech
    Cheers
    TON Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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