Yes they will be listed, but will the ASX allow them to be traded. I have TGL options but they are not traded.
They are in the business of making money from trading. With the placement between institution and shareholders they are raising $7m so about 14million shares. So about 10m options trading at just cents.
I will be surprised if they bother to make a market .
We shall see?
SMN Price at posting:
48.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)