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0.00% 3.6¢ morella corporation limited

SPP & options

  1. RUSTYHEELA
    2,452 Posts.
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    02/03/19
    14:04
    Post #: 37630441
    Hi, just a quick question, never  participated in a SPP with options attached such as this but from the prospectus -

    Possible quotation of New Options under SPP Offer and Placement Options Offer on ASXThursday, 21 March 2019

    This is 1 day after the allocation, 20th March, so if approved is it likely to result in a big sell down of stock and move to options? What could be a likely scenario/ scenarios? Surely it will result in large volumes & volatility?
    AJM Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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