RMI 10.0% 0.9¢ resource mining corporation limited

rmio query

  1. 388 Posts.
    Hi guys...
    Hmm...i need your help.
    My father passed away and im trying to figure out his finances. It seems that my father is holding RMIO options. Now, i really dont fully understand how options work...but its sitting at 0.001 now. Can you guys please help me with a few questions...

    1) Were the options given for free upon owning RMI shares? or you have to buy the options?

    2) Im confused. On the ASX website for RMI

    http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=RMI&companyName=&principalActivity=&industryGroup=NO#details

    it says...

    Exchange Traded Options
    No options are available over the security RMI

    But isnt RMIO options!?

    3) If i exercise the options...what does this mean? I buy the RMI shares at a given price?

    I really appreciate this. Im so lost, and the options expire soon.

    Thanks very very much!
 
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0.9¢
Change
-0.001(10.0%)
Mkt cap ! $5.871M
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0.9¢ 0.9¢ 0.8¢ $5.158K 611.1K

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No. Vol. Price($)
2 649000 0.8¢
 

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1.0¢ 1484784 2
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