OAK 3.23% 6.4¢ oakridge international limited

Ann: Appendix 3B - exercise of options-XPE.AX, page-26

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  1. 1,791 Posts.
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    As another option holder, I don't plan to sell heads, the options were just a way to buy heads with a down payment + at a significant percentage discount at the time of 10% or so back in the ~3.5c heads days when there was a large arbitrage/discount. It was literally a no brainer at the time for anyone who wanted to hold the shares anyway.
    I have to come up with the money in time, but I'll beg, borrow, or sell the smallest possible amount of heads to do so (worst case). Definitely not convert+sell, that's just a waste really when this thing is barely getting started.
 
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