OAK 0.00% 6.9¢ oakridge international limited

XPE Charts, page-1071

  1. 4,659 Posts.
    lightbulb Created with Sketch. 33
    @SaberX

    Graham is correct. The 1.5 cent options were issued at a time when the prevailing SP was sub 1 cents and were long dated.

    The people behind the acquistion of Xped (or as some say, a reverse takeover) would have factored in these options.

    Its an already ratified cashflow for Xpe without all the rigmoral of a cap raising and administrative expense.

    Why knock a good thing for traders?
    Last edited by PrimoTrader: 19/05/16
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