Can someone please explain:
"Please be aware that the exercise price of your options (at $0.30 per option) is substantially higher than the issue price under the Offer (at $0.03) and the most recent market price of Silver Mines shares (being $0.034), meaning your options are ‘out of the money’."
Is the exercise price not $0.06?
Cheers
Ann: Letter to Optionholders, page-4
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