re: Ann: Request for Suspension for Listed Op...
As I mentioned in yesterday's post, the original announcement was allocating 25m options to each of a number of individuals at a pittance. In fact ,from memory ,an exercise price of a low $250 would have coverted the 25m to fully paid shares for each individual
Such action totally dilutes the value of existing shares and hopefully the announcement will either cancel the original announcement or revalue the conversion price.
Maybe someone in authority at DMN monitors post on this site and uncovered an error in the excercise options price
Who knows certainly not me. All I know is that the cancellation of the recent options would be in all of our interests
Cheers
John
DMN Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held