BSE 0.00% 19.0¢ base resources limited

Breakout ?, page-19

  1. 74 Posts.
    lightbulb Created with Sketch. 12
    I disagree. Taurus have 61 million options exercisable at 40c on 31st December. I think the other major shareholders will be doing everything they can to keep a lid on the share price around 0.30c in the hope that Taurus do not exercise their options which would delete the stock by approx 10% :

    "Taurus is entitled to 61,425,061 unlisted options over unissued fully paid ordinary shares, for nil consideration and exercisable at A$0.40 with half being issued at execution and half pro-rata on facility drawdown above US$5 million. The options expire on 31 December 2018 and have no vesting conditions."

    What happens after the 31st Dec 2018 is then another story.
 
watchlist Created with Sketch. Add BSE (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.000(0.00%)
Mkt cap ! $313.0M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
BSE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.