OEX 20.0% 0.6¢ oilex ltd

Ann: Renounceable Rights Issue, page-2

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  1. 1,065 Posts.
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    As it turns out apparently i can apply for 4.1c shares if i convert my options before the 18th of july i think it said...mmm let me do the sums....for every 60c i send to them,i'll be entitled to apply for one 4.1c share, so for 64.1c i'll now own 5 fully paid shares at an average of 12.8c WOW! sounds like a good deal, i'll get right onto now Ron...cheques in the mail.
 
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