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  1. 119 Posts.
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    Can someone please set me straight.

    My understanding of the non-renounceable option issue is you will be entitled to 1 option for every two shares held a cost of 1c, with each option having an exercise price of 20c.

    Does this mean that if the options were alloted on Friday (for example) that you could have made a profit of 84c ($1.05-21c).

    Seems to good to be true?????
 
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