This appears on the face of it to coincide with the pending expiry of the $1.00 piggyback options previously announced on the 18th of March 2022 https://stocknessmonster.com/announcements/ihl.asx-3A590011/ "Piggy-back Options will have an exercise price of A$1.00, expiring 28 April 2023" ----------------------------------------------------------------------------------------------------------- IMO this also appears to be a genuine outreach by the BOD to current shareholders who will not be able to participate in the above-mentioned previous program due to global macroeconomic circumstances. (Interest Rate increases impacting small caps) -----------------------------------------------------------------------------------------------------------
Well done BOD GLAH
IHL Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held