VML 0.00% 0.3¢ vital metals limited

So what do youthink guys, this sounds like a pretty sweet deal.1...

  1. 292 Posts.
    So what do youthink guys, this sounds like a pretty sweet deal.

    1 for 8 @ 60 cents + 1 free attaching option exercisable @ 80 cents for every 2 new shares.

    So if i have 16000 i will get:
    2000@ 60 cents = $1200
    1000 free options

    Current share price of 67 cents.

    Base on my calculation the sp cannot drop lower than 65 cents unless there is sp manipulation (Bell Poter).

    Glad to see that the company is giving something back to shareholders, good potential to make $$$ in the future. Next target should be 75cents :D

    Good luck holders

 
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