Unquoted options on issue at 3 October 2011 were as follows: 300,000 $3.50 10 June 2012 2,400,000 $4.00 31 July 2012 200,000 $4.50 31 July 2012 2,700,000 $6.50 31 December 2012 100,000 $4.50 22 February 2013 525,000 $2.50 15 September 2013 600,000 $2.50 15 September 2013
If they are all exercised, another $31.18125M cash will be coming, totally $200M cash for the project, and CDU still sits below 190M shares on issue.
Cheers
Weihua
CDU Price at posting:
$4.22 Sentiment: Buy Disclosure: Held