TGS 0.00% 4.9¢ tiger resources limited

further drilling results to hand, page-9

  1. 514 Posts.
    Asteroider, or anyone else who might be bothered, can you explain how the underwriting of this options works and how this is related to the sp capping?

    I'm guessing that a cartain large bank has put a cap on the current sp and by underwriting the options, guaranteed themselves a large parcel of shares for 45c.
 
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