Anyone definately know what is happening with the RLEOA options re extension. Not what has happened in the past ..or what might happen.
Tim...I replied to you in the other thread when you said "your broker hasn't ever heard of an option extension". Out of courtesy I posted my own research which showed other coys had received waivers from the ASX.
You know as much as the rest of us regarding the OA's being extended.
According to this article on the 1st of March RLE has already applied to the ASX for a waiver for extension. Whether it is granted is any ones guess at this point...
Shedding light on the RLEOA options, Real Energy said it had sought an extension on the 15 April expiry of the listed options.
The extension, which will be subject to ASX and shareholder approvals, is considered important for the company, with the proceeds from the exercise of the options to be used in conjunction with current proceeds as it progresses towards production.
Maybe you could give SB a call to confirm if concerned & dyor.
GL
RLE Price at posting:
10.5¢ Sentiment: None Disclosure: Held