ELE 0.00% 0.5¢ elmore ltd

i'm thinking about it....haven't been to the "old melbourne" for...

  1. 845 Posts.
    i'm thinking about it....
    haven't been to the "old melbourne" for a while .

    trying to decide which way i'll be
    voting on resolutions10 11 12 13 14

    with the closing prices of 3.3 3.3 3.5 3.3 and monday most likely 3.3.... a 20% premium would make them a 4c option and the class B options would be 4.1c..

    so there would be effectively 25m class A incentive options and 10m classA performance options at.4c and also 25m class B incentive options at 4.1c ...if converted they would raise $2.43m ......the strike price is a bit low for my liking.
 
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