you'd be exercising the post consol' number at 12c each.
I couldn't help myself seeing the new trading today and am pleased to have been the first buyer of the GDADA at 30c ( only 10,000 though but it started things rolling). And I don't have to settle until about the 11th which is like a T plus 8 !
It was like pulling teeth getting the info out of the asx and comsec this morning to clarify the various numbers and phone orders and record date confirmations.
I think 30c is good buying with the news expected any day on the samples from Corunna Downs in the Pilbara.
Just to help clarify the bonus etc,
the 10,000 I bought this morning will attract 1250 bonus GDA and I'll also get 6000 free GDAOC options that don't have to be exercised until the 30th June 2010.
The bonus shares for the 10,000 I bought today are worth $375 and the free options are worth (on a par value with no premium) @ 18c each = $1,080.
you'd be exercising the post consol' number at 12c each.I...
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