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AusQuest will issue Cleveland-Cliffs with 21,590,000 options...

  1. malcolm in the middle
    3,017 Posts.
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    30/04/10
    21:08
    Post #: 6639099
    AusQuest will issue Cleveland-Cliffs with 21,590,000 options with an exercise price of $0.40 per
    share and an expiry date of around 31 March 2011.



    o Cleveland-Cliffs will be issued approximately 29 million additional options with an exercise
    price of $0.40 per share and an expiry date of around 31 March 2011 to increase Cleveland

    i need someone to explain this to me l cant get my head around the two paragraphs.

    Is that atotal of 50m options all up???

    thanks in advance.
    AQD Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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