KAB
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0.00% 0.1¢ kaboko mining limited

re: Ann: Underwritten Entitlement Issue and A... Former Option...

  1. Volcano87
    1,237 Posts.
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    29/07/13
    20:26
    Post #: 12125889
    re: Ann: Underwritten Entitlement Issue and A... Former Option holders ($0.03, 30 June 2013), will be entitled to participate in a priority Shortfall allocation to acquire 1 New Option for every 1 Expired Options held as at 30 June 2013. The Company will ensure that former option holders have the ability to receive New Options on the 1 for 1 basis set out above.

    Can someone explain what it means?? so they extend the life of kabo or kabo holders still has to pay 0.1 cent for each option?
    KAB Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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