Hi Connie
Under the SPP the 1 option offered per every 2 shares purchased for 30c each without brokerage fee costs you nothing unless you exercise it priory to the 2024 expiry date. If you exercise the option you pay 45 c. If you don’t exercise it, it expires. You keep the shares you paid for.
Options IMUOB and IMUOC are available on market for roughly the SP minus the exercise price. If you want them, you have to purchase the option that you can later pay the exercise price (4 c and 5.4c respectively) if you want to covert the option to a ‘share’.
PDS
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Hi ConnieUnder the SPP the 1 option offered per every 2 shares...
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