GDA 0.00% 26.0¢ good drinks australia ltd

I hate it when posters make others feel silly for asking...

  1. 2,527 Posts.
    I hate it when posters make others feel silly for asking questions, but it seems we are getting the same ones over and over, and a lot of the answers are just a click away in previous posts, or recent announcements.

    10:1 consolidation means you have 10% as much stock (either fpo's or options), but they are hypotheticlaly worth ten times more (they will only be worth what the market pays for them, at the moment, about ten times more).

    As far as your entitlement goes, for every 8 fpo's held you will get 1 fpo for free (125 for every 1000 held) and 3 options expiring in 2010, exerciseable at 12c, for every 5 fpo's held (600 for every 1000 held).

    As far as record and ex dates are concerned, nothing has been announced, so no one knows when you will need to be holding the fpo's, but we all imagine there will be enough time allowed for those holding options to exercise them and take part in the entitlement.
 
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