GMC 0.00% 0.6¢ gulf manganese corporation limited

That's one way to look at it. The other way is that the will...

  1. 2,345 Posts.
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    That's one way to look at it.

    The other way is that the will sell their shares to be able to fund the $0.005 to exercise the options.

    No different to a CR at a discount to the share price. Most will sell some shares to take advantage of the CR discount...

    With 1.6 billion options due in 41 trading days I envisage a lot of selling pressure.

    Hope I am wrong for shareholder's sakes though...
    Last edited by tt2000: 21/02/19
 
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Currently unlisted public company.

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