Colada, I will try to simplify the offer.
If you own say 100000 ede at Jan 8th you will be eligible/able to purchase 1 :10 so 10000 shares in ede @ 5.5c and you will receive too a free option edeo. Conversion of the option in 2018 is another story.
This option albeit free has a value today of approx 2.4 c.
The offer on the face of it is a good deal.
However.
If the offer in over subscribed the issue may be scaled back so your application for 10000 shares application may achieve perhaps 50% or 5000 shares. Your application moneys once processed will get you "change" or a refund. You will not loose $ but not receive all of the shares plus options applied for.
Hope the above did not confuse you further.
Please remember the share price of any share is not set in concrete even Eden Crete
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