Zion Oil & Gas Inc (ZNOG): The units program has a term limit and a...

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Re: Porgie Tirebiter post# 30262

Tuesday, 12/11/2018 1:53:07 PM

Tuesday, December 11, 2018 1:53:07 PM

The units program has a term limit and as you stated is priced above the current market price.

2 shares market = 2 * $0.42 = $0.84

2 shares unit program = $1.00 + $0.01 = $1.01

Some will desire to participate in the units program regardless of the price disadvantage, but my advice is to buy a fixed amount every month through the normal share purchase DSPP over the course of the next several years.

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