GMC
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0.00% 0.6¢ gulf manganese corporation limited

Ann: Share Placement to Advance Kupang Smelting Hub Facility, page-44

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  1. backwardsturtle
    155 Posts.
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    10/04/17
    12:22
    Post #: 23973072
    Eh, 1.5c isnt a great deal. The worst part is the 3 for 2 Attaching Options.

    Lets say I buy 2 Shares (with 3 free options).

    2 shares = 3c
    3 options (exercised) = 1.5c

    So i received 5 shares for 4.5c

    or an equivalent price of 0.9c

    The word of the day is Dilution.
    GMC Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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