TV2 0.00% 0.8¢ tv2u international limited

I understand the conversion and benefits of doing so if the...

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  1. R08
    2,702 Posts.
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    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. 
 
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