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you pay .3 for the current issue. And as a result get one share...

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hotandy

915 Posts.

26

13/10/21

12:03

Post #: 56763659
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Originally posted by Hashimoto: ↑

The oppies aren't free, you need to pay the company to exercise .3 cents.

You can currently buy on 59 million shares on market at .3 cents plus whatever is hidden off-screen on the chix.

Basically if you exercised there's a good chance unless Ted produces miracles, you won't even be able to get your money back at .3 cents and cop a 33 % loss if you need to SELL.

I could close my eyes and pick almost any stock on the ASX which would make a better investment thesis.

Even directors are unwilling to throw their own money at EN1, if they're not interested at current pricing that should tell you something right there.

All in my opinion of course DYOR.

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you pay .3 for the current issue. And as a result get one share plus a free option exercise able at 1c

EN1 Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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