Adamgus, the company has to issue a prospectus for the LOMO, and then option holders who wish to take up the offer will need to apply and pay the $0.001 per option by the closing date. The options will then be listed on the ASX. I doubt the entire process would be completed inside 6 weeks.
Btw, once listed, the options will more than likely trade at a premium, so why sell shares to fund options if you can make more coin by selling your options???
LOM Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
