EYE 2.78% 18.5¢ nova eye medical limited

These are company options - there for them to raise money...

  1. 5,172 Posts.
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    These are company options - there for them to raise money directly.

    Means you have to pay 50 cents in July for each share. Why would anyone do this when they can buy the share for 33 as you say on the market? Hence these options will expire worthless. But you can still take up the shares if you want and sink another 17 cents and hope one day this share will rise.

    I had this share awhile ago and dumped it. It was a dog then and still remains the same.
 
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