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Ann: Appendix 3B - Partial Conversion of Converti, page-2

  1. practisingaccountant
    9,544 Posts.
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    11/08/10
    12:05
    Post #: 7006666
    re: Ann: Appendix 3B - Partial Conversion of ... La Jolla are bad boys. They are singlehandedly decimating the share price.

    Interesting to go back to the letter "promoting" the oppies:

    By paying A$0.03 per option you can acquire a VLA share that at the close of business on the 20 May 2010 was trading on the ASX at A$0.05 per share.

    What A$0.05?

    Maybe they should have explained how that dilution works in the letter a little better.
    VLA Price at posting: 36.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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