The options are discussed here:
http://www.asx.com.au/asxpdf/20120608/pdf/426r5trhfkr08n.pdf
In short, 20m Incentive Options exercisable at 6c before.
Unless I'm mistaken, I believe this means she still has to actually pay the company 6c to get the shares. They are not just given to her for "free" when the company gets to 6c. It's a $1.2m difference in our favour!
The options are discussed...
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49.5¢ |
Change
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Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90217 | 49.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 10000 | 1 |
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