KRR 0.00% 0.9¢ king river resources limited

Ann: Appendix 3B options exercised and Cleansing Notice, page-3

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  1. 612 Posts.
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    Please advise me if I'm incorrect here, I'm a novice, but; A. King River Copper's management would release more options at 10c because they require X amount of money to be raised for some reason and they believe that 10c is now, or will be attractive enough for the market to take them up on them. This could mean that KRC management are confident that 10c is a fair value. Think about it also, if the share price rises above 10c, the feeding frenzy that will cause for options below the head price will enhance the SP even more. Perhaps that may only be short term before profit takers swallow it? B. People with deep pockets could look at taking up options as they too believe that the company is worth that, and also if all options are exercised, it will look good and enhance SP further. It's riskier but surely will offer decent returns. May be wrong? First post. Hopefully someone with more xp will chime in. Go KRC. GLTAH
    Last edited by davegilbert: 28/04/18
 
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