BPT 2.04% $1.25 beach energy limited

whats the story with the options, page-10

  1. 71 Posts.
    Hi pecora,

    I don't know a lot of detail about the BPT options but can you tell me why they should get to 35% of the heads?

    As I understand it the excercise price is $2.00 which means the options are trading at a massive premium over the heads, albeit there is 2 years to exercise date.

    Are these the free options that were issued to current holders?

    Please let me know if I am missing something.

    Cheers


 
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