Can someone please explain this paragraph to me.
Since the announcement of the Rights Issue, 6,647,629 options expiring 30 June 2017 (representing 23% of the options) have been exercised resulting in the receipt of a further $299,143.
Does this mean on the 30th of June these will be excised as ordinary shares. Cheers.
Ann: Closure of Rights Issue, page-8
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