SDV 1.22% 40.5¢ scidev ltd

intec option is risky business, page-5

  1. 341 Posts.
    Many holders paid dearly for their ‘free’ options.
    Thankfully, I sold the fully paid immediately they were in my account and thereby recovered the outlay and are effectively sitting on FREE options.
    Many others are unfortunately carrying a dreaded INL loss on their books.
    With the course P Wood and his troopers are taking INL the oppies will most likely lapse worthless later this year.

    PROSPECTUS
    for a renounceable Rights Issue to Shareholders on the basis of 1 New Share at an issue price of A$0.05 for every 5 Existing Shares together with 1 free attaching New Option (at an exercise price of A$0.08 expiring 31 December 2009) for every New Share issued to raise approximately A$5.6 million before issue costs when fully subscribed.

    Position disclosure is for INLO's only
    - long gone are the INL's
 
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