Hi Cugs, not trying to make a point.Text is copied from the...

Hi Cugs, not trying to make a point.

Text is copied from the Entitlments Prospectus - I think the confusion is in regard to the 'Record Date' (which i thought was the date by which existing options had to be converted to full shares to qualify for more options?) however
'The Entitlements Offer provides all Eligible Shareholders the opportunity to invest in one Listed Option for every 5 Existing Shares they hold on the Record Date'
seems to contradict this?

Cheers