IXC 2.70% 7.6¢ invex therapeutics ltd

Options issue

  1. 17,480 Posts.
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    I find this very intriguing and positive that in last few weeks about 1.5mill options have been issued at a strike price of $1
    First lot 250k to a soph
    Second 1.25m to a corporate adviser .

    I assume for services provided or to be provided

    This seems to me a smart way to preserve capital ( spending is well controlled) as well as an easy way to add to the coffers when options exercised .

    I would also assume that whoever took options were happy to do so in lieu of cash for services .
    Thus again assuming they expect the options to be well in the money .

    maybe I’ve made a lot of assumptions here but IXC still my best 2020 pick
    DYOR
 
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