IMP imperial corporation limited

Motors, can you clarify what you mean by money currently being...

  1. 1,082 Posts.
    Motors, can you clarify what you mean by money currently being raised by the exercise of options?
    Macquarie's first lot of options don't expire until dec, so no-one will be exercising until the end of the year. Even so, they have 6,666,666 due then with a strike of .12 and 6,666,666 due with a strike of .135, so in total, the exercise at the end of the year will only raise 1.7m.

    I don't think 1.7m is enough to stop an equity raising!!! Please correct me if I am wrong and point me to where you get your info. Thanks
 
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