1MC 6.45% 2.9¢ morella corporation limited

Ann: Altura To Undertake A$28 Million Financing Package, page-51

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  1. 50 Posts.
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    Yes but even at 2:1 the numbers look good.

    Let's assume I sold today at 0.14. bought via SPP at 0.13 and received options at 2:1. If the share price hits 30c and I converted my options my return would be 285%, vs. 208% if there were no 'free' options.



 
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