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2.13% 4.8¢ chemx materials limited

re: merger with oceana gold plushtek NO...................im...

  1. paperclip
    2,444 Posts.
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    20/07/06
    17:47
    Post #: 1688891
    re: merger with oceana gold plushtek NO...................im lost!
    i have no idea if u'd have to pay for the options at expirery or not?
    eg. in 30 months time lets just assume OGD shares where $1.00 and the merge has taken place...
    now u need to exercise the options because 29 months has expired, so do you

    1. have to pay $0.925 to recieve the $1.00 OGD shares.

    or

    2. exercise your options at no cost because they where given to you in the CMX/OGD merge, to recieve your $1.00 OGD shares.

    ????????????????? anybody/somebody/everybody
    cheers PC
    CMX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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