AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Update on Capital Raising and Operations , page-38

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  1. 28,822 Posts.
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    Scorp, yes, they can - BUT, it is not as flexible as a normal issue - therefore it isn't as attractive as the usual one listed option for two shares. The options have no value until the sp is 7 or 8 cents (to allow time for the sp to drift back a bit whilst you go through the exercising process until you can sell the shares - always takes a week or two), and the risk is correspondingly greater.

    kh, fabrication is not good. China is a dead economy walking. Forget all that rubbish - it is as a monetary instrument that we will make our fortunes from silver.
 
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Currently unlisted public company.

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