IVZ 3.08% 6.3¢ invictus energy ltd

IVZO - Options, page-479

  1. 2 Posts.
    Hi all,

    Rookie question here...Can you not sell the free IVZOA if the option price is below the strike price of 20c?

    So if the options price doesn't hit 20c or above before the 3 year expiry they simply lapse?

    Im reading the Reading the Share Purchase Plan Prospects but not clear in my head.
 
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