Trustieone,
You must own the shares by the RECORD DATE (which is yet to be released to the market) to get the 0.5c 1 for 2 15c expiry options
They should list at a minimum of 6cents imo. They have 2 years to expiry, offer amazing leverage and this was a 75cent stock remember
In fact, they could list at 8cents.
So at 8 cents, they offer 3.5cents in value at todays levels on the ordinary shares
8cents/2 (as 1-for-2) = 4cents
4cents - 0.5c (cost) = 3.5cents
Thus, buying at these levels is cheap as chips.
CTS
contact uranium limited
