MAY 8.70% 2.1¢ melbana energy limited

Big Test approaching, page-6

  1. CHN
    708 Posts.
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    I find it hard to understand why an option holder would not have sold the equivalent number of shares,
    waited two days for settlement and then sent a cheque to the company and taken up the options at 2 cents.

    It did not involve any further outlay of "hard earned cash"

    You may have banked a few sheckles if you timed it right.

    And it would have helped the company in which you invested.

    Is it the dilution that bothers folks?

    Maybe I'm missing something here?
 
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