BIT 2.78% 3.7¢ biotron limited

Ann: Biotron Secures $4.7 Million Underwriting Agreement, page-22

  1. 1,083 Posts.
    lightbulb Created with Sketch. 71
    Just a question, why would you underwrite the options and dilute the cashflow when they are in the money?
    It’s a no brainer, if there in the money you exercise or loose out?
    If the BITOA are in the money come 30th November, I’ll take the shortfall free of charge.
 
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