PLL 3.33% 14.5¢ piedmont lithium inc.

trading halt pending capital raising, page-22

  1. 8,972 Posts.
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    jarg

    I actually thought the ones for offer at 5c (only 25G left) were quite attractive given the SP was/is around 8c. Was considering grabbing them myself, but decided I already have enough of the oppies and shares and not to be too greedy (has been my downfall before).

    Note, you are right about WCP option illiquidity. The director Levi Mochkin owns about 60% of them...this was one of my key reasons for investing in WCP in the first place, ie I was sure he would do something to get the options well in the money before they expire (ie get the SP well over 4c).

    Can't take credit for that idea though...it was my stockbroker that flagged it for me!

    Cdchi1
 
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