option converted

  1. 8,355 Posts.
    lightbulb Created with Sketch. 240

    Someone has converted 658,601 options/warrants as announced today.

    With nearly 2 more years to run its an unusual move.

    Best part of the oppies is the leverage, bad part is no voting rights, and also you MAY miss out on share placements/rights issues etc.

    Why convert them now?

    Cap raising coming via spp funding for MolyHill?

    Just seems premature conversion.

    Cheers TCG
 
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