If the Consolidation is approved, all options currently on issue by the Company will be consolidated in the same ratio as the shares, and the exercise price of options will be amended in the inverse proportion to that ratio (all in accordance with ASX Listing Rules 7.21 and 7.22.1).
Does this mean that the current IMUOE strike price at .118 is multiplied by 34
becoming $4.01???
IMU Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)