Econex thank for that table.O.K I think I have a better grip on...

Econex thank for that table.

O.K I think I have a better grip on things today after last night, basically holders end up with the same number of shares/options as previously announced in October, however it will now only cost us .03c instead of .05c per share.

Now with existing 2010 option holders unable to participate unless they exercise before the record date, which obviously at $1 exercise no one will do, this should create the shortfall for Unlisted 2008 Option Holders to recieve their full entitlement, Happy to be corrected if I have assumed wrong here.

So my initial assumption last night of now not being offered Fully Paid Shares was incorrect it seems, My only concern is the October offer guaranteed Unlisted Option holders their full entitlement, where as this new offer is leaves it open to some discretion.

Any further comment would be welcomed guys, And as previously stated I will be taking up my full entitlement, Cheers.