bit of a novice here. can someone explain about the options for me? as i see it, assume i hang on to my options until august 2024, and assume the Share price of IMU is 90 cents - i could then exercise my options for 45 cents each, and receive shares worth 90 cents each? so i would be be purchasing 90 cent shares for 45 cents. half price so to speak. and then could sell them the next day and double my money? have i got this right? seems like a no-brainer to me, if we believe the share price will go above 45 cents...
thanks for your help.
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- Ann: Prospectus for SPP and Placement Options Offer
Ann: Prospectus for SPP and Placement Options Offer, page-131
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