You are 100% right and I was wrong. Well just shows the dangers of blithely relying on ASX site. The ASX site shows AGOO are 8c strike but this must be due to first rounding up to 2 decimal places from a dollar base then posting the total in cents.
I have now read the AR for 2016, 2015 and the issue document and sure enough, both series have a 7.5 c strike price.
Only 60 holders of the original AGOOA who took shares at 5c. We might see 5c as a bit of a barrier. I must say with the stock touching 4c I have added the AGOOA to my watchlist.
AGO Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
