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You will be entitled to apply for 1 option for every 4 shares...

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kippax

4,696 Posts.

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25/10/21

08:36

Post #: 57036512
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Originally posted by beforethebounce: ↑

Off the top of my head : we will have to pay 0.001c for each new option. So we would get some mail with notice of what each holder has been allocated (from the record date) and has to pay by a particular date. That is how I understand the arrangement.

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You will be entitled to apply for 1 option for every 4 shares that you hold and possibly apply for extra if there is a shortfall.

kippax

TMZ Price at posting: 8.4¢ Sentiment: Hold Disclosure: Held
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