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Bullboard - Stock Discussion Forum SilverCrest Mines Inc SVLC

NYSEAM:SVLC - Post Discussion

SilverCrest Mines Inc > not impressed
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Post by davwal on Dec 17, 2013 9:21am

not impressed

with the low strike price which management issues itself in stock.Maybe if the strike price was at a norm of 1.80 or so they might have a little more appreciation for the common share holder.Shame on them for the low strike price
Comment by tarnoir on Dec 17, 2013 8:43pm
Option strike prices are based on a 6 week trailing average or some metric along those lines. There are strict rules in place set by the exchange. $1.68 seems reasonably within those confines.
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