AVL 5.88% 1.6¢ australian vanadium limited

He sold 10m unlisted options at .002 that he got for free as...

  1. 2,507 Posts.
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    He sold 10m unlisted options at .002 that he got for free as part of the .01 rights issue in 2014.

    So if whoever bought them has a buy price of around .017, if they converted the options which would be a given imo.

    Maybe sold to a friend/ associate/ family member or just to someone who had $147k spare to exercise the options before the end of the year.
 
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