GMC 0.00% 0.6¢ gulf manganese corporation limited

If the option is attached to the previous placement you dont...

  1. 207 Posts.
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    If the option is attached to the previous placement you dont need to convert it if your
    intention is to sell you can just sell it as option and make the same profit these
    investors are anticipating much higher share price for the ordinary shares.if all the
    options are converted its cash coming to the kitty worth almost $8 million which
    the company can use for additional smelters .
 
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Currently unlisted public company.

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