PXG 0.00% 15.0¢ phoenix gold limited

whats the catch??, page-4

  1. 438 Posts.
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    hey guys, im pretty new to shares, so go easy :) i bought 10,000 pxg shares and they came with 8000 pxgo and pxgoa options, i was sent the letters saying i had a certain date to buy them at 20c in 2012 and 25c in 2014.

    My question is if i already own them? why do i need to buy them for that price? im sorry if this seems like a silly question but i just need to understand what these free options are for me and do i own them or must i buy them?
 
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Currently unlisted public company.

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