No, you have to pay AUD0.35 to get one (1) ordinary fully paid share per ten (10) shares held.
The option is free, but to exercise your option…you need to pay the company - Lake Resources, 35c.
Once you’ve paid The company - Lake Resources, they will then issue you those fully paid ordinary shares, and then add them to the registry, thereby by increasing the shares on issue (SOI).
Often referred to as dilution.
Please do your own research.
IMHO
Ann: LKE Bonus Issue to Shareholders, page-55
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.40M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.9¢ | 3.7¢ | $529.3K | 13.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2362455 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 1150000 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |