free bonus option, page-4

abc1700.
I am holding my MXROA as they have excellent leverage.
Converting my MXRO and
Buying MXR.
The average share price of MXROA has been about 11c because of the high upside in the various tenements and the excellent leverage.
Sentia has it pretty correct. The ex date hasn't been announced yet and it will be before the record date.
The bonus MXROA will ensure most of the MXRO should be converted except for those who own them that don't have the cash to convert.
The fact that only 2.8m of the existing MXRO are listed for sale tells me that everyone else is converting them.
With only monday to go for selling and the fact that there are still 1.9m shares listed to buy at .001 tells me that the majority of MXRO holders will be converting.
We'll know after the end of the month how many converted.