Lagoon,
If they issued a new series if the old expired. You would write the old 0.7c costed options off.
Offsetting cgt gains, if no cgt gains, a carried forward cgt loss.
If replaced at 0.1c, that would be the cost going forward.
So total outlay would be 0.8c, 0.7c written off, 0.1c new investment cost.
I am not saying they will replace them if they expire, that's to be 100% clear.
But could re issue like asr did.
Lagoon,If they issued a new series if the old expired. You would...
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