EXE
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0.00% 3.8¢ exoma energy limited

Ann: EXEO Options Lapse , page-2

  1. beavau
    453 Posts.
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    01/04/11
    18:27
    Post #: 8200940
    Well that was a massive show of support by AAOO option holders. 53,709,241 AAOO lapsed. So if there was no underwriting that's close to an $11m hole in the "fixed" cash reserves projection contained in the recent Investor Presentation.

    So what's next? A capital raising at less than 20c? The bigger AAOO holders who chose to lapse clearly figured they could get more for less later?


    EXE Price at posting: 22.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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