RCL
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9.18% 8.9¢ readcloud limited

Ann: ReadCloud Sales Update, page-16

  1. Wrcurious3
    20 Posts.
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    03/01/20
    22:16
    Post #: 42219369
    FYI - there were 16m options issued as a bonus in the IPO. Exercise price of $0.30 in Nov 2020. If they remain in the money and redeemed that’s another $5m in cash to RCL in Nov this year.

    With their CR late last year, fast approaching profitability and another 5m cash coming the chances of a CR dilution is pretty low I would guess.
    RCL Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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