Ann: Lapse and Issue of Unquoted Options, page-4

  1. 2,979 Posts.
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    Thats $40 in the kitty from the 4m oppies issued for underwriting as well. Woohoo!
    Why are we paying these if the SPP is over subscribed?
    Suppose we get $240k if exercised which is likely. Not a big deal really. Dilution from this is negligible unlike the Hartleys ones.
    Mind you would have preferred $4.7m, no SPP at 4c and the SP over 8c scenario.
 
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