SBS 0.00% 2.9¢ sub-sahara resources nl

hypothetical on options

  1. 9 Posts.
    Say if a takeover bid is made on SBS- say by Barrick - what is the position of the option holder? Is it necessary to convert to partake? At the moment it could be at a loss. Any legal heads out there?
 
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Currently unlisted public company.

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