IVR investigator resources ltd

I don’t understand your reasoning. Why sell the heads because...

  1. 1,889 Posts.
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    I don’t understand your reasoning. Why sell the heads because they have ‘free’ options?

    Those ‘free’ options will expire worthless unless 6.3 cents each is stumped up prior to 8/3/25.
    Options will only be exercised if the head price at that date (or before) is over 6.3c each.

    Assuming all goes to plan the head price by March ’25 will be (significantly) greater than 6.3c. That will then allow head holders (if need be) to sell a portion of their head holdings to fund the exercising of the options.

    So why would you sell your heads now with the price well under the 6.3c exercise price?
 
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Last
2.8¢
Change
0.001(3.70%)
Mkt cap ! $48.51M
Open High Low Value Volume
2.8¢ 2.9¢ 2.7¢ $75.58K 2.696M

Buyers (Bids)

No. Vol. Price($)
2 1019283 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 4069412 17
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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