CCO 0.00% 0.8¢ the calmer co international limited

Ann: Notice under s708A(5)(e) of the Corporations Act 2001, page-2

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    lightbulb Created with Sketch. 165
    Hmmmmm. Curious. Why are CCOOA option holders exercising 23 months early? When it comes to options, time is very valuable. Exercising now seems to be value destructive.

    I can't see a dividend being paid in the next 18 months, at least - so I am guessing that this is not the answer.

    Any ideas?

    SirKnight.
 
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