CVI
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0.00% 0.3¢ cvi energy corporation limited

ball up..., page-14

  1. trade4profit
    15,276 Posts.
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    26/10/07
    17:32
    Post #: 2937738
    Raks...

    lol...options are the ones recently issued I believe...all with a similar 15c exercise price.

    It is advantageous for them to exercise and get the new entitlement...also very good for the company's coffer given there are some 23m unlited options which fully exercised would result in a further $3.45m for the company.

    We can assume however that not all will have the funds to convert.

    Cheers!
    CVI Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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