It's a real shame when you ask a simple question and you get the same type of people replying and bagging the company...
I am unable to answer your question. But I thought one of the votes was in regards to converting the options. So I would have thought it would be compulsary to convert. But then again if this was the case, why send out a prospectus and application to convert the options.
I hold SWT but not options and did not receive a prospectus.
Saxien is kind of correct about the 75%. Though significantly mistaken. Your current options are 25% of the relisted price. i.e 20 cents. Of course the options will convert to double and then double again to get the real share price. Anyone buying normal shares over 10c are behind the 8 ball on relisting (if the shares do not go up, which I really doubt.) The guys who bought at 15.5c will need the shares to go to 31c to break even.
I hope they don't go down as any percentage loss will be double.
Geoff.
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