This does not bode well for the company in my opinion and should of been handled a bit better with the shear quantity of new shares/options/PB options. The majority of people can see that bonus options are only a bonus if the share price appreciates above the exercise price. Why potentially pay more for the shares now and later unless you are happy with a loss?? Was happy before this CR but now I am increasingly sad and dejected, obviously I hope this can turn around but just like another company I hold, I am beginning to think that the future options may expire before reaching their exercise price, hence I will not be participating!!
GLTAH DYOR
BLG Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)