BRK 4.55% 1.1¢ brookside energy limited

Ann: Listed Option Placement, page-14

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  1. 497 Posts.
    lightbulb Created with Sketch. 22
    The issue price is just a gesture to non-option holders that option holders will be covering the issue costs associated with the conversion.

    The options are basically free, you would be mad not to take them up considering the issue price.
 
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