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0.00% 0.5¢ atrum coal limited

it’s in the company’s best interests for option holders to...

  1. soggywinks
    591 Posts.
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    24/03/21
    07:40
    Post #: 51991029
    it’s in the company’s best interests for option holders to exercise their options - they stand to raise $20 million in cash from this, remember?

    If the company doesn’t make an announcement very soon, then I can’t imagine that anyone would exercise their options and they might be forced to raise capital at a lower price. So yes it sucks for option holders being in limbo, but it also sucks for the company.
    ATU Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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