Ok.
so I have written off 200,000 imuods with 1 year to go with ex prices of 0.45.
But with the spp, I get to buy 200,000 shares at 0.084 Max equalling $16,800 that brings my avg down and get 200,000 options with 3 years to run and ex price of 0.118.
Assuming of course I have the fund and longer term IMU is a success, doesn't it mean this spp is good for me? Meaning my written off options get a 2nd chance with a lower ex price and longer period?
please correct me if my thinking is flawed.
gltalth
Ann: Placement and Share Purchase Plan Update, page-148
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