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Ann: Placement, Bonus Option Issue and Exercise of Options, page-15

  1. dontlistentome
    1,915 Posts.
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    14/09/21
    10:57
    Post #: 56044272
    That won't apply in this case. You are guaranteed to get 1 option for every 10 shares you hold at the record date. If you exercise them before the expiry, you are guaranteed to get them. It's not an SPP (which usually ends up oversubscribed and you get a pro-rated allocation and part of your money refunded)
    ASN Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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