sphere - gone, page-24

re: $115,000 buyer (500,000) action soon? The SPHO exercise price was reduced from 29c to reflect the distribution of RCM shares to SPH holders; as a holder of 140k SPHO I never saw a specific reference to the new exercise price being exactly 20c, only that it would be reduced to allow for the value of the RCM shares which were distributed but the valuation put on the RCM shares in an associated independent report implied the reduction was around 9c.

The table (provided by the ASX) on pages 62-63 of the latest issue of Shares Magazine still shows the out-of-date figure of 29c.

Cheers