Ann: Acquisition of Significant Oil and Gas Asset, page-17

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  1. 5,619 Posts.
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    re: Ann: Acquisition of Significant Oil and G... i doubt the options resolution will pass , mhl will make it look like they are trying to do with asx approval , depending how they go about it asx may reject the proposal which is what the want anyway

    let see 9 billion shares on issue the market cap between .002c and 3 cents is a lot .

    9 billion x .028 = is around 250 million fat chance mhl will have a market cap like that anytime soon
    and a share consolidation still consolidates the option price

    cant see the options ever been in the money

 
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