So every SH as of 30/11 gets a bonus option (for every 20 shares held) in the money today (which was the lowest SP in 3 years!). I like it.
3 Piggy back options again at an exercise price of $1.25 which you wouldn’t expect for the SP to be in a few days/ weeks from now, you can pretty much say in-the-money again. I think this is a good way of rewarding SHs for loyalty while bribing in much needed funding without external dilution.
Overall issuing 33 million shares upon all options being exercised resulting about 20% dilution with a total of $36.6Mn which is about 23% today’s MC (about $156Mn). Given the options and shares will mostly be held by sticky hands (including Dr.T himself) this has to be a well structured options package and fund raising strategy which I am sure is the brainchild of Dr.T
AIMO. DYOR.
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.19 |
Change
0.025(2.16%) |
Mkt cap ! $205.8M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.15 | $19.66K | 16.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 556 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 3826 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| RAC (ASX) Chart |