ELE 0.00% 0.5¢ elmore ltd

Hi Kenny, yes i agree it should be. And i hope they are well in...

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    Hi Kenny, yes i agree it should be. And i hope they are well in the money so dilution is not a big concern.


    But that is if all goes well. If there are delays and hold ups with the commissioning of the phase two wet plant, then there are top twenty holders who`s best interest will be to let the options expire worthless, this will then stop their fully paid shares from being diluted in value.

    If it gets down to only 6 months till option expiry and phase two is taking a bit longer than expected to commission, i know i will be one of them selling it down to make sure my holding does not get diluted. This is how the game is played
    If those options get converted and they are just in the money, then it will act as a hand break on the share price in the future.

    Something for all to think about holders.

    Regards The Tinhopper
 
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