EFG
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0.00% 16.0¢ everest financial group limited

new share option issue

  1. alphasigma
    339 Posts.
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    25/09/09
    09:55
    Post #: 5692685
    The proposed share option issue amounts to about 9% of existing shares at no consideration with a exercise price at 7c!

    This is a joke.

    Sareholders should oppose this plan, or have the terms modifed to have a higher exercise price. Otherwise, effectively we are just handing over cash to them for nothing.
    EFG Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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