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0.00% 1.3¢ king river resources limited

Ann: Bonus Options Issue, page-46

  1. broadway
    868 Posts.
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    25/05/18
    11:02
    Post #: 33305627
    I think the company had to do it to pacify the underwriters and they are worried that most of the current options will not be exercised. It does not appear confident that the new options are to be exercised at 10 cents as well, I would have thought around 20 cents would have showed confidence. The market seems to agree.
    KRC Price at posting: 7.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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