Lom offered 1 option for every 2 expired options you had... Have to purchase at 0.001 per new option with expiry in April 2016... The original options expired in august 2015.. Was passed by shareholders at a meeting and they are now posting out the prospectus to the expired option holders..
So basically you will end up with half the options that have just over double the cost base that you had originally bought them for...but it is better than nothing.... Ie.. If you paid 10 cents an option and bought 100 of them it would have cost you $1000.. After this you will have five hundred options for a cost base of 20.01 cents per option... $1005
But you now have a tradable option and the chance of possibly getting your money back if the company makes good and the share price sky rockets..
It would be nice if all companies considered this as I think it is a wonderful gesture by the company that they didn't have to do..
Fingers crossed for all the poko holders... I hope your wish comes true..
POK Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held