CPH 0.00% 0.9¢ creso pharma limited

Ann: Options Entitlement Issue, page-56

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 128 Posts.
    lightbulb Created with Sketch. 8
    So from the perspective of a share holder. Say if I have 30000 shares now, I can pick up 15000 "new options" for $0.05. And within the next 2 years, I can exercise those "new options" into shares by paying a further $0.8, total 12000? So a very good way to raise cash for the company and also a good way for current shareholders with limited cash atm to increase there position within the next 2 years. So in essence would it be similar to just buying more at $0.85cents, if you had the cash now? That's how I am starting to understand it
 
watchlist Created with Sketch. Add CPH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.