AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Close Out Of Hedge Position , page-13

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  1. 539 Posts.
    Yeah Option strike price would be adjusted if shares consolidated.

    Speaking of Options, good management move including the 1c "Free" option. People feel like they are getting something extra, but in fact it's the company that gets extra capital raised at a higher price (1c v 0.6c), if and when AYN goes past 1c.

    Also AllAussie, the cost will come down when AYN builds the power line to the state grid, and can turn off those expensive generators.

    Rising PoS couldn't be better timing.

 
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