1MC 33.3% 0.2¢ morella corporation limited

Ann: SPP Offer Further Increased to $14 Million, page-165

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    As soon as they are listed.
    Then you can exercise them.

    But why would you exercise them (say today), at twenty cents when you can go to the market,
    biding thirteen point five cents for each share ?
    You would be only throwing your money away, ( look after your pennies and the pounds will look after themselves).

    These options are meant to raise capital for AJM in the future, early 2022.
    Hopefully at AJM's share price of twenty cents each or higher (fingers crossed on the higher part).
 
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