MGT magnetite mines limited.

I’ve not come across this pro rata options issue thing before....

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    I’ve not come across this pro rata options issue thing before. I’ve read the relevant ASX articles but I’m still not fully appreciating how it comes about. Seems like a pretty good deal for options holders but I don’t get how it comes about. What caused them to reprice the exercise price downwards? Anyone care to enlighten me, much appreciated in advance..
 
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Last
8.5¢
Change
-0.008(8.60%)
Mkt cap ! $10.28M
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9.2¢ 9.2¢ 7.1¢ $70.24K 813.6K

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No. Vol. Price($)
1 7488 8.5¢
 

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Price($) Vol. No.
9.0¢ 23582 2
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Last trade - 15.47pm 24/06/2025 (20 minute delay) ?
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