ZMM 0.00% 1.0¢ zimi limited

omg options are worthless, page-11

  1. 517 Posts.
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    A CR and the options don't stand a chance of being in the money. Every share I've seen falls well below the capital raising price. I don't understand why investors take placements, maybe I'm missing something? Maybe m'ment will look for a bigger upfront cash payment to give away more of the farm. There are so many possibilities.
    Im the first to admit I sold into the news a few days back, I just want to see how things pan out over the next few months. I do see todays trading as very positive as the sells were clearly being soaked up, however the amount of shares on issue has me a little worried when taking into account the likelyhood of another raising.
    GL

 
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