It's not that the options are cheap. It's that the options were only offered to DGO and not the other small shareholders who had to dig deep to find the money to buy-in to the CR. It could be that De Grey never gets back to 10 cents. However, it could be that De Grey hits something big and goes much higher say 30 cents. Wouldn't you like to have the option to buy shares at 10 cents at that point? It's just that this shows mgmt doesn't give a damm about shareholders that own less the 10% of the stock and they rub our face in it.
Ann: Notice of Annual General Meeting/Proxy Form, page-69
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Last
$1.22 |
Change
-0.025(2.02%) |
Mkt cap ! $2.911B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.21 | $4.502M | 3.703M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32320 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 19426 | 4 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |