2.5 mil raise and Directors took 500 k in the raise .
"Attaching options will be unlisted with an exercise price of $0.20 and an expiry of 30 June 2019 "
What does this very short term expiry of options tell us ?
It tells me that Directors and management are highly confident that before 30 /06/19 .. SP will be way higher than 20 c so that they can exercise their unlisted options .
I took some in the placement at 10c and I am very confident that I will be able to exercise my options earlier than the expiry. Easy 2 to 3 bags in next 6 months .
ALL IMO
GLTAH
AVQ Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held