EUR 8.70% 5.0¢ european lithium limited

Ann: Notification of Expiry of Options and Options Offer, page-4

  1. 1,302 Posts.
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    I figure those new options should be worth around 1.5c based on the expiry, 8c strike and comparison to current EUR & EUROB pricing.

    A 1 for 1 issue of the new EUROx at 0.5c should imply a current value of approx 1c per EUROA (1.5 less the 0.5c issue price)

    Shame I've already sold about 4m of EUROA at around 0.5c at a significant loss.

    Was my 1st and last time investing in the Tony Sage circus. Will continue watching with interest on how this unfolds and wish all holders good fortune.
 
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