PAA 2.33% 21.0¢ pharmaust limited

PAA, A New Dawn , FDA ODD Approval and Entering Phase II MND Trial, page-885

  1. 34 Posts.
    lightbulb Created with Sketch. 10
    @bunter62 "the rights can't be revoked because of a buyout"

    I would therefore assume that if one was to factor in a buyout happening prior to the expiry date of the options on 30 April 2026,
    the options would be purchased at the agreed share price less the $0.15 strike price.

    This places one in a best case scenario of riding the share price as high as possible with the opportunity gain, but
    would of course depend on your risk appetite or possibly just the belief in this story so far.
 
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