ME1OD will have an exercise price of $1.6.
Eg you have 1,000,000 options worth $10k AUD currently. With the consol that will change to 50,000 and the sell price will very likely return to 0.001. So your $10k AUD is now $500AUD. Having a $10K Capital loss would have been a far better result.
Absolute criminals this lot.
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