If the new options are issued at 3c with a 35c strike price as previously advised, it will cost 38c for a new share.
If the sp does not go above 38c (even with the Anglo resolution and a JV the sp will be lucky to go above 40c in the short-term) I would think not many options will be exercised. So management will have fulfilled their promise and there won’t be anything shareholders can do about it.
If the new options are issued at 3c with a 35c strike price as...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)