AUQ 4.88% 3.9¢ alara resources limited

options, page-2

  1. 3,028 Posts.
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    hi pinky

    The AUQR in your portfolio are the rights which you can apply for. At some stage soon you will receive paperwork with the offer to keep them and at that stage you can pay 1 cent each to turn them into normal AUQ shares. When you pay the money you will also receive one free option for every AUQR you purchase in your holdings.

    Now if you decide you don't want to turn any AUQR into AUQ shares by paying the 1 cent, you may instead offer them for sale to someone who would like to use them. You will get paid for those rights that you sell just like selling any normal shares, although probably not a lot.

    Just imagine you have been given free tickets to go somewhere, but now you need to decide whether to go or sell them. The choice is yours, but you only have limited time to decide.

    amok
 
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