NTL new talisman gold mines limited

What does everyone think the Magic Number for the NTL share...

  1. 29 Posts.
    What does everyone think the Magic Number for the NTL share price needs to be through to 28 Nov 17 to ensure 100% exercise of the options (NTLO & NTLOA)?

    Most investors are in the options at a very low entry cost, many as low as NZ$0.002. Investors will need the confidence that if they exercise the options at $0.02c, putting an additional 200Mill shares into the market, that the trade is profitable, and their value will be preserved.

    My guess is the Magic Number for the NTL share price needs to be at least $0.04c through the next few months for there to be sufficient buoyancy in the options trade to ensure a 100% exercise rate.

    NTL needs the funds from 100% options exercise rate to help top up the coffers.

    So I'm picking there will be a series of Good News releases, first in 2 weeks time, then around the AGM in September and finally in November before the options' maturity date. These releases need to get NTL up to the Magic Number

    What are other people's thoughts on the Magic Number for the NTL share price required for 100% options exercise?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.