RIV riversdale mining limited
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why convert long dated options

  1. mitis
    6,901 Posts.
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    21/01/08
    12:27
    Post #: 3265361


    why would someone convert such long dated unlisted options ? ...from todays Appendix 3B;
    "Exercise of 1,380,000 $1.50 options expiring 21 November 2009 and 690,000 $2.50 options expiring 21 November 2010"

    Is it because someone wants to sell the shares on market ?

    Who's options are they, since they are unlisted ? - not directors i hope ?
    RIV Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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