ME1 50.0% 0.1¢ melodiol global health limited

Ann: Consolidation/Split - ME1, page-5

  1. 472 Posts.
    lightbulb Created with Sketch. 73
    ME1OD will have an exercise price of $1.6.
    Eg you have 1,000,000 options worth $10k AUD currently. With the consol that will change to 50,000 and the sell price will very likely return to 0.001. So your $10k AUD is now $500AUD. Having a $10K Capital loss would have been a far better result.
    Absolute criminals this lot.
 
watchlist Created with Sketch. Add ME1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.