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Rights Issue sales, page-5

  1. 3,838 Posts.
    lightbulb Created with Sketch. 1556
    Why what is the problem its 1 option for each share purchased split over 3 dates.

    So you buy 1,000,000 shares @ 0.007 cents = $7000.00 AUD.
    You receive.
    1,000,000 listed shares after conclusion now extended.

    you receive 3 lots of options.

    1st = 333,333 shares options due late 24
    2nd = 333.333 shares options due late 25
    3rd = 333.334 shares options due late 26.

    Also if you participated in the Nov Raise then inline with the 2nd raise you will have those option dates same.

    Does that make it any clearer or tell me if I am wrong.
 
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