re: Ann: Geelong Geothermal Power Project Tic...
Hi All,
Need to be aware of all the options on this one before entering at current price.
They have 78 Million plus options that are exercisable at up to 45 cents per share. There are 22 million options exercisable at 30 cents per share. From my previous investigations, with the exercise of options, shares on issue could possibly rise to 145 million (145,374,344 to be exact). I am not sure if this has increased over the last 12 months.
If all exercised then market capitalisation at 0.265 cents would equal $38,524,225.01.
Something worth keeping in mind when investing in GER.
Best of Luck Lost
GER Price at posting:
24.3¢ Sentiment: LT Buy Disclosure: Not Held
