CHINA LONGEVITY GROUP COMPANY LIMITED 中國龍天集團有限公司
Sijia (1863) places unlisted warrants
Company announcement, 17-Nov-2010
These 3-year warrants give holders the right to subscribe 4.05% of the company at $4.50 per share (close to market price), and the price of that option is only HK$350,000, or $0.01 per share. That is far less than the option is worth - so who gets this candy?
Company announcement, 17-Nov-2010
These 3-year warrants give holders the right to subscribe 4.05% of the company at $4.50 per share (close to market price), and the price of that option is only HK$350,000, or $0.01 per share. That is far less than the option is worth - so who gets this candy?
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