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2.11% 9.7¢ ecograf limited

MNS has completed their RAP. Where is ours?, page-12

  1. Simmpa
    1,839 Posts.
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    25/11/16
    12:13
    Post #: 20885663
    Redstripes, I was talking about the 9.5c options which results in a dilution equal to ~23% for ~$10m.

    I think KNL learned in our 2nd last CR that issuing options as a sweetener does no one any favours, other than the big-boys. It’s why the last CR didn’t issue any.

    But Euroz and CBA still jumped in and grew their position to 5% a piece. That’s confidence!
    KNL Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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