ALK 2.80% 52.0¢ alkane resources limited

question re option provisional 3b, page-5

  1. 865 Posts.
    ##new exercise price 20c pending for alkob## An appendix 3B announced yesterday for ALKOB to change the exercise price from 35c to 20c under item 5..."issue price or consideration".

    They'll either extend the time of the options also and / or have it underwritten with the same expiry to raise the ~$1.9M.. smart move by Chalmers!!
 
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