Ann: A$41.5m Placement, page-52

Bought more at 27c.

Can someone explain to me about these new shares that that are expected to be issued on the 12th August.

and also explain this in simple terms?

Under the Placement, the Company will also issue to investors one (1) free-attaching option for every two (2) New Shares subscribed for (“Options”). The offer and issue of the Options will be made under a prospectus that will be prepared and lodged with ASIC (and released to ASX) in due course. Approximately 78.4 million Options will be offered under the prospectus and the Company will seek ASX quotation of all Options issued under the Placement. The Options will have an exercise price of A$0.34 and an expiry date of 18 months from the date of issue.

so what happens now that I’ve bought more at 27c and that I’m a holder