y th rush?, page-6

re: sarcophagus ~ agmo G'day Sarcophagus,
Not too sure what the question is.....I think you may be confused AGMO with some other type of ETO.
What I can tell you though, if you have some, is that anytime you like between now and Dec. 31st, you can pay 20 cents for each Option you own and convert them to FPOs (Fully Paid Ordinary Shares) which will rank equally with all other FPOs on issue.
Cheers,
Carl.



Post #150918 - in reply to msg. #150621 - splitview

Can someone please confim that there are 5,766,179 AGMO being traded which are to expire on 31 dec.
Is the conversion rate 1:1?
I thought 1 option was the right to buy 100 shares, but that seems ridiculous since that would neary double the amount of shares on issue.
And when (and if) the shares reach the excercise price and are in the money at what price of the underlying security are they likely to be excercised at due to a dilution factor of 9.2%.
23c?
Tia.