Where are the 44,212,329 options in play, exercisable at 1.5c each, which expire on 31/12/2022? It was Peak Asset Management that did the CR.
From most recent Appendix 2A the following options remain:
ASX +security code and description Total number of +securities on issue
44,212,329 Unquoted options exercisable at $0.03 each on or before 23/02/21 (Expire in 8 trading days including today)
5,000,000 Unquoted options exercisable at $0.0375 each on or before 06/08/23
8,000,000 Unquoted Director Incentive options exercisable at $0.025 each on or before 25/11/22
16,000,000 Unquoted Director Incentive options exercisable at $0.0465 each on or before 25/11/24
9,250,000 Unquoted Senior Management Incentive options exercisable at $0.025 each on or before 25/11/22
18,500,000 Unquoted Senior Management Incentive options exercisable at $0.0465 each on or before 25/11/24
50,000,000 Class A Performance Rights
50,000,000 Class B Performance Rights
12,500,000 Class A WDA Performance Rights
12,500,000 Class B WDA Performance Rights
There are only an additional 5M options in play at 3.75c by 6/8/2023.
The remaining options are Director/Senior Management Incentive Options & WDA Performance Rights.
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