RR1 reach resources limited

can someone confirm my numbers, because I cant believe my...

  1. 489 Posts.
    lightbulb Created with Sketch. 106
    can someone confirm my numbers, because I cant believe my calculations/understanding is correct.

    I have 400000 RR01 options that will cost me $4000 to convert if i chose to do so in May.

    But now i can get a 1 for 1 on those options at .0002. So 400000 x .0002 = $80 and i will now have 400000 of the new options with 3 years until conversion date.

    If i chose to convert them in 3 years it will be 400000 x .003 = $1200.

    So I have been given a 3 year extension for $80 and then a $2800 discount on converting them??

    Hope I'm right.




 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $6.995M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $3.149K 425.5K

Buyers (Bids)

No. Vol. Price($)
15 21630627 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2429704 4
View Market Depth
Last trade - 14.07pm 26/06/2025 (20 minute delay) ?
RR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.