RSH 9.09% 10.0¢ respiri limited

Well they are only in the money once the SP passes 20c, which...

  1. 7,889 Posts.
    lightbulb Created with Sketch. 29
    Well they are only in the money once the SP passes 20c, which now seems a certainty IMO!!

    Tranche 1 (Series 5): 6,000,000 with anexercise price of $0.005 and anexpiry date of 31/12/2020 – subjectto vesting conditions of continuingemployment and a market pricetrigger for the Company’s shares of$0.20.Tranche 2 (Series 6): 4,000,000 with anexercise price of $0.125 and anexpiry date of 31/12/2021 – subjectto vesting conditions of continuingemployment and a market pricetrigger for the Company’s shares of$0.25.

    Let them get the pay day sorted then watch for news - seems like a pretty good bet this is being set for a significant re-rate soon.

    Again, all just my opinion.

    Cheers

    Cabe
 
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