IMU 2.90% 6.7¢ imugene limited

Options advice, page-31

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    Here's another question relating to options, which I guess some other holders might be asking themselves. I hold the C and B Options as well as the shares. Supposing, just supposing, the company is bought out by big pharma well before the expiry dates of the options (end '21 and end '22), what are the possible scenarios for the options? What worries me is if the big pharma company either doesn't honour the options at all or decrees that they have to be exercised within a short date or they lapse. Has anyone been an options holder in a company that has been taken over, and can advise?
    GLTAH & patients.
 
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