KSN 4.76% 10.0¢ kingston resources limited

The one option for every two shares purchased is a sweetener I...

  1. 221 Posts.
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    The one option for every two shares purchased is a sweetener I guess but I will have to do the sums to see whether it fits my risk/reward position. I have been buying KSN shares over the last 12 months on the basis of the value adding the Mineral Hill project has brought to the company. A 14c option conversion price expiring early 2025 will keep management honest if they want the options money. The SP will need to be holding above that for a while at that time or at the very least some very positive news to provide confidence to SHs to convert. GLTAH
 
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