Pay 6c for 1 share + 1 option.
Sell share for 5.9c.
Left with 1 option at cost of 0.1c.
Share price rises to $1.20 and options to $1.00.
1,000 bag return on 0.1c investment.
The real question we should be asking is why are people paying 6c for shares on market now when they could have paid the same amount a week ago and received the free option?
Ann: Entitlement Offer Closes Raising $4.18 million, page-16
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