Other companies have done this in the past, FWL is an example from last year:
http://www.ferrowest.com.au/Announcements/2010/ASX%20Announcement%20-%20Option%20Issue%2020May10.pdf
Im hoping they decide to do this rather than let the options expire worthless. Changing the expiry date and the exercise price might make then a lot more attractive.
Good point you made about qualifying for the shortfall issue, i hadnt thought of that.
reissue of mdxo's., page-2
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