re: Ann: AGM Chairmans Statement and MD Prese...
greetings MJP2,
so far you do get a KoalaBear stamp for effort - howzat?
with respect, your calculation cannot be right because of the 5 days preceding the AGM the lowest price has been 17.5c 4 times and once only 17.0. Ergo, the VWAP must be higher than 17.0 - You agree? That would give an opt. exercise price of 25.5
Do you have the detailed trading information for those days, so one can do a proper calculation using a spreadsheet?
In principle - my understanding - each single trade needs to be weighted.
Cheers, Joe
TNG Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held
