RLE 0.00% 2.0¢ real energy corporation limited

Ann: Trading Halt, page-76

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  1. vmp
    4,860 Posts.
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    Questions.....Why would they gift some cheap options again despite the hefty CR discount? Why would they even call it options, they’re just .005 above the market, it’s tantamount to giving free shares on market. This is like throwing money away to rich people. The previous OB’s were attached to a CR’s at 8c. They should have at least priced the new options at 20cents or there about rather than 14 cents. The sophs are calling all the shots here.

    I didn’t research this mgt well, if I knew SB was on IOT i wouldn’t have put more than $20k here. Lol. I like the RLE prospect though. But IOT? iot = in out tanked. Salaries are crazy skinning the kitten too soon
    Last edited by vmp: 27/02/19
 
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