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6.06% 3.5¢ morella corporation limited

Ann: Rights Issue - Letter to Option Holders, page-2

  1. PinkBunnyRabbit
    92 Posts.
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    17/10/19
    15:52
    Post #: 40934750
    Dear James Brown,

    Please explain why I would exercise my options at 20 cents alternatively I can buy stock on market at 5.9 cents a share?

    Is this a sign of raw desperation for any cash?

    In case you forgot that the option exercise prices is 20 cents here is the announcement:

    https://hotcopper.com.au/data/attachments/1775/1775975-80dc82fd4b7d692a5f0a1357a65e5912.jpg
    Thank you in advance James,
    Pink.
    Last edited by PinkBunnyRabbit: 17/10/19
    AJM Price at posting: 6.1¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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