That case Cld be used if the capital raise was at a significant discount to current price and the free option was a very low price as last time at 3c
However there is basically no discount to current trading price and the option has a strike of 18c
So tell me why the price wld be dumped on open!
Makes no sense to me
And again nothing but Hotcopper BS
I see this capital raise as a positive and don't see any downside in relation to this at all
Only thing that will be negative for share price wld be issues getting head grades out of HM3
And to be honest I can't see why that wld be the case
So let's wait and see
One of my mates was contacted by his broker on Monday and asked him if he wanted to purchase shares in the current capital raising also.
OGX Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
