re: asx ann. optionsconversions yellowcake
Also noticed this announcement in dec 04. See postings below. First they omited the portion regarding the option conversion. Then the subsequent amendment gave the impression that the options were not converted. Now on 2/2/2005 the ann comes about the option conversion done on 30/11/2004. Will ASIC/ASX look into this sort of dodgy announcements.
============================= Subject directors chose not to convert 15c options. Posted 24/12/04 12:20 - 76 reads Posted by NATHANJ Post #469510 - start of thread - splitview
Options expired in Nov04. Why?. Anybody any idea.
============================================ Subject re: directors chose not to convert 15c options. Posted 24/12/04 16:29 - 71 reads Posted by siameseparrot Post #469767 - in reply to msg. #469510 - splitview
They must be satisfied with their current shareholdings and do not wish to further dilute the company's capital structure by exercising their options at just 15c.
As always I do not advise. Please form your opinion and of course seek professional advice. By law they ARE the experts. ==============================
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