CPH 0.00% 0.9¢ creso pharma limited

Ann: Prospectus - Bonus Options, page-27

  1. 199 Posts.
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    Hi DT.
    You own the shares which have been gifted as a bonus from CPH for being an existing shareholder. The issue price was $0.000 each but these can be sold at the current market price which others have done today with the price varying immensely.
    You can either sell the shares and take the money at the current SP as you sell, providing there is enough volume to cover your quantity within the 'depth' of buyers, or you can hold right up to the day prior to the excise day of 2nd November 2024 and exercise these options to buy them at the quoted price of $0.25 each.
    Now, the share price prior to the 2nd November 2024 could be anything, $0.000 or for example $1.00.
    If they are anything above the price quoted exercise price, it would be beneficial to buy them, especially if the current market price is sitting at $1.00 giving you an immediate 300% profit.
    Buyers are snapping these up as they believe the share price will be well above $0.25 by 2nd November 2024 giving them a nice profit...and not you for selling them however; you have gained because you got these shares as a bonus, for nothing.
    Hope this helps.
    Happy to be corrected by anyone if I am in any way incorrect.
    GLTALTH's.
    Regards,
    Peakabooau
 
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