great posts , page-47

Guys, with due respect, you are getting carried away for nothing. It is a standard clause in any prospectus. If you are unsure EMAIL the company. You could get just as excited about reduction or return of capital.

Extract:

"5.1 In the event of any reconstruction or reorganisation (including consolidation, subdivision, reduction or return of the capital of the Company), the rights of an Optionholder will be changed in accordance with the Listing Rules of the ASX applying to a restructure or reorganisation of the capital at the time of that restructure or reorganisation, provided always that the changes to the terms of the Options do not result in any benefit being conferred on the Optionholder which is not conferred on Shareholders of the Company."