During the financial year, the following unlisted options were exercised: • 96,604,166 unlisted options exercisable at $0.008 and expiring on 12 February 2026; and • 14,800,000 unlisted options exercisable at $0.0237 and expiring on 15 June 2024.
Subsequent to the financial year end, the following unlisted options were exercised: • 24,625,000 unlisted options exercisable at $0.008 and expiring on 12 February 2026 (these would have been sold on market (10000000% guaranteed.)
These are listed options which will never be exercised. There isn't even a market. All on the sell side
I re-iterate that if any unquoted options that are exercised well before the expiry date will convert to ordinary shares and if in the money they will be sold. It will create downward pressure, especially if holders of options can make money. LOOK OUT for unlisted options which are exercised between now and expiry date. While bringing in some pittance of money, the listed shares will be quickly sold.
Trust me!
"The initial announcement said they are looking at shipping ~200,000 tonnes of manganese ore."
@Heisenberg63LOOKING is the key word. Did they say they will?
M4M Price at posting:
0.8¢ Sentiment: Sell Disclosure: Not Held
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