WRM
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0.00% 6.3¢ white rock minerals limited

Ann: White Rock Minerals-Entitlement Offer Letter to Shareholders, page-25

  1. yunisa
    174 Posts.
    lightbulb Created with Sketch. 25
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    22/10/19
    20:07
    Post #: 41016110
    hello, tgankYou for Your post. New on hc posting however have been with wrm for some time. My question is, If sp is .04 and the offer is .05 . (25%premium ) what is the incentive for Us to buy ?. Do We know the price of the options being offered ? I just dont understand the maths. is it the vslue of being able to sell these options later ? Appreciate if I can be enlightened )) regards Stephen
    WRM Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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