ARU 2.94% 17.5¢ arafura rare earths ltd

Ann: Quoted Options Expire, page-9

  1. 1,516 Posts.
    lightbulb Created with Sketch. 739
    This shows a lack of undersatdning. Bascially cutting off your nose to spite your face.

    1. If the ~71M options didn't expire worthless, the header shares would be worth more than 34c
    2. The company missed out on $24 Million dollars (ironically the shitty Dec 23 cap raise amount)
    3. The Dec 23 cap raise diluted further and more, at a much lower price, and included ~78M cheaper options at 22.5c)


 
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