The options can be converted any time and in money options often are. The expiry date is irrelevant and I dont understand why you're so opposed to the possibility of several conversions being put together as we speak. The company can lodge a 3 b any time so its likely they'd want to do it en bulk instead of piece meal. I rang to find out but no answers the phone.
That aside, the behavior of this stock makes me extremely optimistic funds are on the way one way or another, so while you're fretting over their cash as if its a critical situation the market disagrees and holds an 18 mil market cap Very comfortably.
- Forums
- ASX - By Stock
- TRL
- Ann: Investor Presentation
Ann: Investor Presentation, page-11
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online