EFE 0.00% 0.5¢ eastern resources limited

Yes it's 100% normal. It's simply a call option. If EFE decides...

  1. 445 Posts.
    lightbulb Created with Sketch. 80
    Yes it's 100% normal. It's simply a call option. If EFE decides the Tenement is'nt living up to expectations or has'nt delivered the desired outcome, they can turn to Amery and say, "you want to buy it back". (The $1 consideration). >> Nominal consideration can be anything that may be considered to have some value. A common form in which nominal consideration is expressed is “the payment of $1 (receipt of which something is acknowledged)”. Only Amery and EFE will know the details of the meaning of the word "something"


    Last edited by edglim: 20/09/22
 
watchlist Created with Sketch. Add EFE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.