PEK peak rare earths limited

Ann: Issue of Shares on Exercise of Options, page-8

  1. 564 Posts.
    lightbulb Created with Sketch. 46
    Thanks @sjl and@Rossi70.

    Did a bit of analysis of the recent conversions
    - Its put quite a sum of money (2Mil to be exact) back into company
    - Provides some justification on the supply of shares on sell side (39.5Mil available for sell). Not saying they sold everything
    - There is another 9Mil options ($585K) expiring on 14th June that is yet to be converted
    - Didn't pick up any details on that "commercial settlement" but it was tied to a set of PEKAI options that were excised. Maybe it was a joint decision by company to excise options to pay for a certain expense than draw down on working cash?

    https://hotcopper.com.au/data/attachments/2929/2929765-188ad00e874196acb138f24f3689944f.jpg


 
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