money for jam, 1 for 1 @ 1c This was forecast in the prospectus...

money for jam, 1 for 1 @ 1c This was forecast in the prospectus & has now been announced to the ASX.

1 option expiring 29/09/07 for share holders record date of 05/12 with ex date 29/11.

These options should be worth around 5c/6c on listing going on todays closing price of 22c.

I cannot see mkt depth as NAB online is down but there are only 15m HDG tradable 5m odd in escrow from memory.

Read ASX ann for more details.