you will then have twice as many shares.
cost of options lets say 0.018 plus 1 cent to convert = 0.28 cents per share + 0.022 cents for one more share = 0.018 + 0.01 + 0.022 = 0.05 cents that means your one option has become two shares for 0.05 cents and that means you have now paid 0.025 cents per share.
now do you get it.
Ann: Non- Renounceable Rights Issue , page-41
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