AUL 0.00% 28.5¢ austar gold limited

exciting times ..for cygnet mnm placement-ees?, page-5

  1. 3,062 Posts.
    lightbulb Created with Sketch. 204
    Just did another re-calculation. If they had to buy out the options at 7.5 cents they would effectively have paid 11.5 cents per share.

    Think I got it right now.

    Regardless, in the future someone will have to pay MNM $375,000 for the options providing the options are in the money.
 
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