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4.55% 1.1¢ brookside energy limited

Ann: Listed Option Placement, page-18

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  1. jbr055
    1,797 Posts.
    lightbulb Created with Sketch. 424
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    12/12/18
    10:30
    Post #: 36829805
    So basically you get:

    * 1/3 of your options (soon to be expired) for next to nothing
    * Exercise price @ 3c within next two years (the SP will be well above that so definitely in the money)

    I hold no options but if I did it's a no brainer --- basically free extended oppies vs losing them Dec 21...

    Generous offer from the company -- as a heads holder I'd tell you oppies holders to rack off... haha GLTA
    Last edited by jbr055: 12/12/18
    BRK Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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