AR9 1.27% 8.0¢ archtis limited

I'm not sure anyone would be able to get the number of shares...

  1. 145 Posts.
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    I'm not sure anyone would be able to get the number of shares needed for acquisition for under 30c. Plenty here have said they wouldn't sell for under $1.

    By my calc selling now at 21c when benchmarked against the cap raise values the options at 6c (selling 2c below the cost to buy a replacement share in the cap raise in order to get 1/3 of an attaching option). Maybe getting a little high for some with 35c strike price you'd only be taking the money over 41c. Prob why it is finding a bit of a bottom here right now and some indication that the cap raise is holding the price in position just at the moment.
 
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