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2.1¢ anteotech ltd

So why not CALL them risk free instead of free? There is a...

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What A Gas

6,123 Posts.

1636

02/06/24

21:46

Post #: 74128195
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Originally posted by Garethg007: ↑

so the shareholders : institutions who were awarded options can sell their heads at 2.5 cents and be left with two free options / the second one converted on the proviso you have taken up the first option.

so someone buys 1milliin shares and is given 1 million options and then sell 1 million their heads. They are left with the options as a gift for their time / connections etc

if Davis can’t sell - the shares go to 1 cent - options owner doesnt care - hasn’t cost him / her a dime.

If in the next 12 months David manages to sell the sauce - and th share price goes to 10 or even 50 cents.

The lucky option can at anytime within 12 convert their options at 3.5 cents.

you are right - they are not free .

There is no risk - so they are risk free !!!!

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So why not CALL them risk free instead of free? There is a difference.

ADO Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.1¢		Change -0.001(4.55%)		Mkt cap ! $51.84M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.0¢	$4.541K	208.9K

Buyers (Bids)

No.	Vol.	Price($)
2	35227	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	289539	4

View Market Depth

No.	Vol.	Price($)
2	35227	0.021
9	809442	0.020
8	1197237	0.019
14	2576253	0.018
7	1012891	0.017

Price($)	Vol.	No.
0.021	200000	1
0.022	189539	3
0.023	300000	1
0.024	284809	4
0.025	363246	4

Last trade - 16.10pm 27/08/2024 (20 minute delay)

ADO (ASX) Chart

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