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1.23% 8.0¢ percheron therapeutics limited

$36.8m raise, page-53

  1. HasaDigaEbowai
    320 Posts.
    lightbulb Created with Sketch. 53
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    30/10/21
    21:36
    Post #: 57206714
    you're right that for 7 shares you get 1 share at 24c.

    but you get 1 free option for every 2 shares, not 2 free options for every 1 share.

    so for every 2 news shares you buy, you get 1 free option exerciseable at 48c in 3 years (not 4 years).
    ANP Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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