Am I right in reading this announcement that this 14 million shares being converted a few weeks ago represent most of those unlisted options now being converted? I know there are a few more at various prices but it looks like conversions that have happened over the last 6 months or so are pretty well finished. I think this is great for two reasons, firstly, the company has received extra funds and secondly, those that wanted to convert/sell and move on have now had their shares absorbed by the market. Also, as someone else recently pointed out, funds are now buying EL8. As long as the market (broader and uranium price) stay stable there does appear to be wind in our sails.
EL8 Price at posting:
62.5¢ Sentiment: Buy Disclosure: Held
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