ESR estrella resources limited
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Well, kind of! The $5,000,000 option to purchase for Ratta or a...

  1. Timorlad
    520 Posts.
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    16/11/24
    17:29
    Post #: 76639483
    Well, kind of!

    The $5,000,000 option to purchase for Ratta or a nominee is most cost-effective at 2 cents. Recent buying suggests that Ratta has perhaps the ability to exercise his right to convert at this price point.

    Interesting to see if Ratta triggers a change in substantial holdings announcement this coming week (ratta holds 4.85%)

    I must admit, the strategy here leaves me a bit perplexed.


    ESR Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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