Pro-rata free distribution of shares in new NT uranium spin-off company to existing shareholders...
This is a very interesting move.
Assuming the record date will be prior to the options expiry, might be an interesting rise in the share price just at the right time?
This might also explain the unusual strength in the options a few sessions ago, which saw some real interest in the 1.6-1.7c level, in spite of relatively poor performance in the shares.
Cheers!
CRE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
