this is my hypothesis;
they are aboout to spin off or sell the vanadium business at a price possibly more than 15-20cps with possible part dividends to share holders; --directors hold shares. they cant buy on market if they have access to privileged information however they can issue listed options which everyone gets without immediate dilution. but the price of the optrions will react in response to a near term event and can give profits to the holder of the options and at the same time can potentially generate working capital for 'king river copper'. appears a win win for everyone
i dont see why otherwise they would choose a strike price of 20cents
another possibility is that the directors live a couple of light years away and are going off the share price 2 years back
- Forums
- ASX - By Stock
- SPM
- Ann: Loyalty Bonus Option and Name Change
Ann: Loyalty Bonus Option and Name Change , page-11
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online