So from the perspective of a share holder. Say if I have 30000 shares now, I can pick up 15000 "new options" for $0.05. And within the next 2 years, I can exercise those "new options" into shares by paying a further $0.8, total 12000? So a very good way to raise cash for the company and also a good way for current shareholders with limited cash atm to increase there position within the next 2 years. So in essence would it be similar to just buying more at $0.85cents, if you had the cash now? That's how I am starting to understand it
- Forums
- ASX - By Stock
- CPH
- Ann: Options Entitlement Issue
Ann: Options Entitlement Issue, page-56
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)