ARL 6.25% 37.5¢ ardea resources limited

Selling Loyalty Options, page-3

  1. 301 Posts.
    For clarification purposes, it would be 20% discount the the market value of the options after exercising them. At today's close, the options are worth 2500* (1.64-0.77) = $2,175

    Discounting by 20% results in $1,740 which puts it at $0.696 per option.

    I have these options in my brokerage account, and after checking with my brokerage (SaxoBank) and also as per ASX announcements, these are transferrable.

    As for the trust factor, I could always involve my broker as an independent third party to ensure that the transaction goes through smoothly. Ofcourse, i understand people will be hesitant, which is why I am giving the discount.
 
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