The irony of it being me going on about "bogus" CR propaganda in a discussion about extending the terms of the largest CR in Norwood history must be lost on you.
I found an example of it being done and I was bang on as usual. It required a new issue rather than an extension. It also required an SGM and carve outs for related parties and ASX permission. It was also for a low number of options not for nearly 50% of SOI. It also included a nominal purchase price of 0.001 per option. So it can be done, there were considerable numbers of abstained votes in one meeting but it was ultimately passed. LCY in 2012/13. The extended options at their new expiry two years later were still out of the money and never exercised.
NOR Price at posting:
3.5¢ Sentiment: Sell Disclosure: Not Held
