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IBERIAN MINERALS LTD V.IML

"Iberian Minerals Ltd is engaged in the exploration and development of mineral resource properties."


TSXV:IML - Post by User

Comment by heliofton Mar 09, 2017 9:14am
199 Views
Post# 25956134

RE:"Lift off" / Uberization of Mining

RE:"Lift off" / Uberization of MiningI think this massive ask is there to force IPO buyers to exercise the options. (and eventually, buy any of the shares they might want to sell??)
I remember that there were some conditions that if the price stays for 10 consecutive days above 15 they had a certain amount of time to execute those or otherwise they'll expire.

One of the main problems we have is the number of options out there. Easy money for the holders.  Look at Fleischhacker, Brent, part of the board, took him a day to exercise his 300.000 shares at 6c and sell them at 16.
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