Hi All
Newbie here.....
Can someone please clarify the definition of non-renounceable in the context of the recent FAU Options offer? My understanding of non-renounceable is that the options are NOT TRADEABLE on the ASX. Or, is the option to purchase the option not transferrable?
In short, if I purchase options via the 4 for 5 offer, can I sell them on the ASX when they list?
Many thanks in advance
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