IDA indiana resources limited

Ann: Proposed issue of securities - IDA, page-3

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    Why would you short a $0 option?

    It is good news indeed that they are partially compensating contractors with shares (options). It saves the cost for the company, and motivates contractors to finish the job quickly and to a high standard. I would expect that drillers and other mining contractors know the area, they wouldn't accept this if there's no potential for much higher payout once IDA re-rates.
 
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Last
8.3¢
Change
-0.001(1.19%)
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Price($) Vol. No.
8.4¢ 97868 1
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