AUQ 5.26% 4.0¢ alara resources limited

Ann: Off-Take Agreement, page-8

  1. 4,832 Posts.
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    @meerkat it's in the company's best interest to get the share price above $0.02 by the end of next month to give the option holders enough incentive to pay the strike price and convert into the head stock.

    It's a shame the court date has been set down for the options expiry date, however I think we will see much more information from the company re Al Hadeetha.

    Looks as though there is enough liquidity on screen for those looking to take a punt on the share price for the next 5 weeks. Worst case scenario is that you'd have to tip in an extra 2c to convert and give you an average entry price of $0.022
 
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