GMC
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0.00% 0.6¢ gulf manganese corporation limited

South 32, page-25

  1. rolf2903
    3,952 Posts.
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    24/08/18
    08:37
    Post #: 35145581
    You can’t not fully dilute with the options expiring in April 19 and a .005c strike price (one quarter of where you are now). That’s 1.6b more. If it were to go to 10c there would be about another 400m as well (including the 1.5c convertible note). So that’s 4.8b shares now. At 10c that’s 480m cap
    GMC Price at posting: 1.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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