NAE 20.0% 0.4¢ new age exploration limited

Ann: Quarterly Activities and Cashflow Report, page-8

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  1. 923 Posts.
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    They expire at the end of the year and have a strike of 3c, meaning you have to pay 3c to convert them to an actual share. If you don't convert to a share or sell the option before expiry they become worthless and untradeable.

 
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