OAK 0.00% 6.9¢ oakridge international limited

Hi All, Sorry if asked in previous threads, but can someone...

  1. 405 Posts.
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    Hi All,

    Sorry if asked in previous threads, but can someone explain how the bonus shares work? I got the prospectus and it is not clear to me!

    I have 125k shares, so can buy 62500 for $62.50.

    Am I right in saying, I can exercise these at any time I want for 4c/share, but have to pay this additional amount? If so, how do I do this? should I have gotten another form in the mail?

    Secondly, just to confirm, the only real point of exercising them, would be if it SP gets to over 4c a share, then I can exercise these and effectively get a discount on the shares (eg if they trade at 5c in 3 months time)?
 
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