BLG 6.25% 3.4¢ bluglass limited

Ann: BluGlass SPP Extension, page-3

  1. 393 Posts.
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    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
 
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