ACM will let us know the details of what the options will cost and how to pay for them etc, they will have a cut off date that you will have needed to be holding, no body knows when that is yet could be the end of this month or next month, imo it’s a good incentive as it gets investors to hold a bit longer term and that eases selling pressure, so SP goes up.
I assume they will also have a exercise price of 30c which of course is well in the money atm, this will give a nice boost of cash down the track as investors exercise the options,
ACM Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
