Australia's largest stock trading and investment forum Australia's #1 stock forum

TV2

Click for more information

0.00%

0.8¢ tv2u international limited

Ann: Revised Notice of General Meeting/Proxy Form, page-9

First 9 Last

Share
Profile

Follow
R08

2,702 Posts.

151

23/02/19

11:30

Post #: 37540924
Share

Originally posted by Compounding: ↑

Basically the $10k replaces the existing held options which 'yes' does cost extra for the 'loyal' holder, however the holder now executes or converts their 10 million options to FPO's for half the cost so the conversion is 10 Mil x 0.02c = $200,000. This puts another $200k profit in the holders hand if the trading price of the FPO is say much higher as far as I see so while they have stumped up extra and yes the company makes more capital from the process the holders have a lower strike price option series which effectively means all holders keep much more in their pocket to convert to the FPO series.

I don't see in this case how a large stake holder can complain as the small extra renewal cost is 1/10th of the saved conversion capital if and when the options are well 'in the money', which by 2021 all can only hope is the case.

Please corect me if I am wrong.

Expand

I understand the conversion and benefits of doing so if the price at the time of the SP is far higher than the 2c strike price (or 2.1c cost point).

You have however, answered my question in that the holder has to pay more funds in order to retain their initial holding otherwise their options lapse worthless.

TV2 Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 47, 2024

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 21 more messages in this thread...

First 9 Last

Add TV2 (ASX) to my watchlist