COK cockatoo coal limited

Ann: Issue of Shares / Appendix 3B , page-2

  1. 204 Posts.
    What does this mean ? Can someone explain ? employee contribution ?

    Issue share to employee at 0.115 when stock price is only 0.03 ?

    Is it just an option with strike price of 0.115 ?

    I am confused to be honest.
 
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