AVB
Click for more information
0.00% 16.5¢ avanco resources limited

Don't they only need to pay the strike price of 2 or 3c to...

  1. aceguaps
    55 Posts.
    clock Created with Sketch.
    19/06/13
    11:22
    Post #: 11902302
    Don't they only need to pay the strike price of 2 or 3c to convert their free options into ordinary shares once the price hits 18c hence a massive windfall for them plus an extra wad of cash injected into the company, thats why its in their best interest to get the s.p. up to 18c by sept otherwise their options expire worthless? thats my take on the subject but please correct me if im wrong.
    AVB Price at posting: 6.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NIM Nimy extends sulphide targets at Mons with new anomalies identified
right-arrow Created with Sketch.
NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
NEWS Microcap Wrap: 5 explorers with news out today
right-arrow Created with Sketch.
CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.