The options being issued this time have the same terms as the placement and issue late last year so any application for listing would cover about 270 million.
Incorrect.
The exercise price is the same but the expiry date is different hence they each have separate stock codes, ie from the last CR the options attached to the placement shares have the code KPOAP, the options for the entitlement issue have the code KPOAO.
To do what you propose they would need to apply for four separate listings for the 2 cent options covering all four ASX stock codes (might actually be five as I cannot recall if the director placement in this CR would have the same expiry date as the rest of the placement shares given that they can't be issued until after the shareholder vote).
KPO Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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