CPH 0.00% 0.9¢ creso pharma limited

Ann: Options Entitlement Issue, page-56

  1. 128 Posts.
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    So from the perspective of a share holder. Say if I have 30000 shares now, I can pick up 15000 "new options" for $0.05. And within the next 2 years, I can exercise those "new options" into shares by paying a further $0.8, total 12000? So a very good way to raise cash for the company and also a good way for current shareholders with limited cash atm to increase there position within the next 2 years. So in essence would it be similar to just buying more at $0.85cents, if you had the cash now? That's how I am starting to understand it
 
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