RDM 0.00% 13.0¢ red metal limited

Red Metal Banter, page-364

  1. 3,007 Posts.
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    You are obviously confused as there are no options available to new shareholders!

    MMA have 53M 19 October 2024 30c options which are unlisted and were issued when MMA floated on the ASX in 2022.

    25M were issued to RDM which RDM distributed to eligible shareholders at the time. The RDM options do not have the 1 for 2 free attached 60c options.
    28M were issued to MMA shareholders who purchased shares via the prospectus in 2022. These options have the 1 for 2 free attached 60c options which will only be issued on conversion of the 30c options. The new 60c options I believe will also be unlisted.

    https://hotcopper.com.au/data/attachments/6007/6007454-9fe3805a1ab0713a63b9ec175ea0b9f7.jpg

 
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