1MC 3.23% 3.0¢ morella corporation limited

Ann: Trading Halt, page-149

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  1. 5,719 Posts.
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    Why on earth are the options at such a low strike price, why are they so long dated and why are there so many of them (1:2)?

    AJM only 3 months ago was higher than 20cents and had been a lot higher before hand.

    3 year length seems excessive

    1:2 ratio seems a tad generous particularly at that strike price.

    Seems like an excessive amount of generosity of the options particularly seeing the issue of the actual shares is at a 10% discount.

    Shame retail holders cant participate given the dilution this will cause, particularly if the options are exercised.
 
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3.0¢
Change
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Mkt cap ! $8.123M
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Buyers (Bids)

No. Vol. Price($)
3 47762 2.9¢
 

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Price($) Vol. No.
3.0¢ 10583 1
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