I believe in July 2022 Euroz was also issued 100m options, which also expire in the Aug 2025 interval. It's an interesting dynamic - as if Pancon suddenly needs some cash, Euroz will be more than happy to help them in a CR (at a discount); and similarly if we capture some momentum in coming weeks, they'll also excercise - win/win for them. Bulk of these options will sit with Top20 given the 2023 cr - also on a positive note (imo), top20 still control a whopping 41.52% of the register - tight!. Few different variables at play for sure.Lets hope that inversion study comes up trumps.
PCL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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