LPI 0.00% 56.5¢ lithium power international limited

Noob question. The announcement says 'nature of change due to...

  1. 86 Posts.
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    Noob question.

    The announcement says 'nature of change due to conversion of unlisted options to ordinary shares by the Company'

    So they did not sell is that correct? Just options conversion? Can someone explain what this means like I am a 5 year old?
 
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Currently unlisted public company.

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