Thanks. So the shares are only payable on the condition the option is exercised (after 31 July and before 31 August).
If the option expires, no shares will be payable, correct?
If the 5,000,000 fully paid shares were a part of the deferred consideration agreement in the first place, then the announcement makes sense. If the shares are a new addition as a penalty, then it is very poorly worded and in fact does not make sense.
WR1 Price at posting:
17.0¢ Sentiment: None Disclosure: Held
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