So i have had clarification. With the Rights issue of 1 share for 3 and the 1 attaching option, if you take this up then the shares and options you receive are normal shares and options that are able to be bought and sold.
For the RR1O options this is also the case, you will pay the .001 after consolidation and receive new options that will have another 3 years before expiry. So in theory extending the life of your options for a further 3 years. BUT this is only going to happen if it gets shareholder approval at the meeting, so we have to wait and see.
I'm not giving advice on what you should do, just pointing out what i have been told by Westar capital so as always, do your own research.
RR1 Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
