Ann: Acquisition of Tasmanian DC and Capital Raising, page-3

the discount is mild, 4c , and the target price of the options at 8c, not so different to the 10c options.

If they get this CR rubbish finished with, the flush of script on market, so that the stock can actually get back on its legs, a look at 8c or 10c, should see both option series get up.

The question is, this time, will underwriter pinancle dump their options to create the huge discount ?
A 10c option, given away for as little as 0.3 by pinancle, will they be so flippant with their next issue ?
Will they dump their 8c options for 0.3 as well ? or was it a one off, so that they could fund this next underwriting.

So what is better value, 0.3c option entry, on 10c? or 1c entry on 8c ?

I would normally think 8-1 LVR is cheap, without some maniac dumping their free issue options.