These options need to be exercised at $0.034 in 28 weeks to raise $9.9m whilst the shares are currently trading at just $0.02.
Well the last time these shares traded at $0.034 was 23.5 weeks ago and so all they have to do is get back there again in the next 28 weeks and maybe do a bit better to ensure option holders pay up the $0.034.
The news is so much better and the projects and company so much more advanced now than what it was then and so can't see why they are trading at this crazy low price right now. In my mind I can see a minimum 100% gain by 23 October exercise date, bringing in a cool $9.9m for the company. Something very wrong if that opportunity is allowed to slip by.
If this is the case, then we should all be buying all the shares we can get right now. Right?
- Forums
- ASX - By Stock
- Options
These options need to be exercised at $0.034 in 28 weeks to...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AN1 (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.690M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AN1 (ASX) Chart |
Day chart unavailable