ORP 5.71% 3.7¢ orpheus uranium limited

options, page-4

  1. 1,150 Posts.
    Think it will be a lot more difficult getting shareholder approval for ORPO extension than it was for ORPOA because ORPOA were issued to shareholders, whereas ORPO weren't. Shareholders aren't necessarily ORPO holders whereas ORPOA holders were (shareholders). Besides, shareholders who hold ORPO can't vote on the extension anyway.

    Why would shareholders approve something that will result in potential dilution of their holdings?

    Does this make sense? - lol.
 
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