Not withstanding commentary on spin/revenue raising etc, can anyone explain in laymens terms what is actually on offer/proposed?
Specifically what is meant by the exercise price of $0.05 per loyalty option, and how would one perform this transaction?
I understand that the post-consolidation share is worth more stock than pre-consolidation which explains the price of $0.05 instead of $0.001 was the stock price?
I presume CLZ are going to explain further.
Sorry if I come across as a bit thick, but this is as thick does![]()
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- Ann: Classic to Issue Loyalty Options - Amended
Ann: Classic to Issue Loyalty Options - Amended, page-7
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