ASR 0.00% 0.4¢ asra minerals limited

Ann: Asra raises $2.5M to accelerate exploration, page-14

  1. 648 Posts.
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    Hey melbournian,

    Don't you think the ASROB's (or NEW OPTIONS that replace them) got a little more attractive with the extra two+ years, and reduced exercise price from $0.035 to $0.018? I know there is a lot more on issue, and you will only have half as many, but only having to pay another $0.001 to renew them doesn't sound too bad if it gets approved by shareholders?
    I thought it was a reasonable way to get something for them instead of them expiring worthless... I could be wrong...

    Regards,

    Havenots
    https://hotcopper.com.au/data/attachments/5744/5744070-cddf31b2d20ecc7b432a75069afa114a.jpg


 
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