Careful what you say about the options....as you can see Indian Ocean are being issued 20m oppies for their work,,,so what you are saying is they are working for free???
"For a pro-rata non-renounceable entitlement issue of two (2) Shares for every five (5) Shares held
by those Shareholders registered at the Record Date at an issue price of $0.006 per Share together
with one (1) free New Option for every one (1) Share applied for and issued to raise up to
$1,942,467 (based on the number of Shares on issue as at the date of this Prospectus) (Entitlement
Offer).
This Prospectus also contains an offer of 20,000,000 Listed Options to Indian Ocean Securities Pty
Ltd (AFSL 336409) (Lead Manager) (or its nominees) (Lead Manager Options Offer). Refer to Section
2.2 of this Prospectus for details of the Lead Manager Options Offer." ann dated 5 Feb 25
Ann: Extension of Non-Renounceable Entitlement Offer, page-10
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