""(15,000,000 options with an exercise price of $0.50 were issued to Macquarie bank in relation to the $50 million debt facility, these options are due to expire on the 30 Sep 2016. Meaning, 7.5 million dollars of cash in hand for Macquarie bank will be flushed down the toilet. )""
That $7.5 million dollars will not only be flushed down the toilet of Big Mac, but also down the toilet of CTP too. Reason being that those $7.5 million in cash was going to end up into CTP's Bank account if they were to get exercised, and now they are not.
""(15,000,000 options with an exercise price of $0.50 were...
Add to My Watchlist
What is My Watchlist?
