DXN 1.18% 8.6¢ dxn limited

so say i bought 100,000 oppies, it would cost me $2,000 to...

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    so say i bought 100,000 oppies, it would cost me $2,000 to convert them into 100,000 normal DXN shares, making me $8,000 if DXN was at 10c? only after May 2023 when the oppies expire? what happens to oppies if there is a TO?

    appreciate the explainer mate!
 
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