IPO - UUV Aquabotix Ltd, page-160

Free oppose is not the problem mel! The real problem is making the exercise price at 22c and giving 1 for 1 free oppose i.e. dumb as we know now. Though they should have gone for 1 for 2 or so at 40c strike price instead of 22c. If you make Oppies at twice the IPO price and make Oppies only 1 for 2 like THC did, that takes away that easy money feeling. I very strongly believe in this.Cheers mel, I understand what you mean though totally. Making IPO price 20c and free Oppie exercise price 22c and then giving 1 for 1 free is dumb for sure. I believe that this should be better tomorrow from what I am hearing as the BOD are shocked and embarrassed over the weekend and have come up with some strategy for this week. We have to wait and see how that works if any. Cheers.
PS: For the record I bought a lot on market on Friday both Heads and much more Oppies.