ENB 0.00% 0.5¢ eneabba gas limited

enbo options, page-2

  1. 5,599 Posts.
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    Because as a result ENB will have a cash injection in 3 years time if the share price is larger then the exercise price.

    They will also have a immediate cash injection if people take up the new issue.

    Regardless there is going to be dilution anyway eventually.

    No real point not voting for it. In fact you'll have a opportunity to get more exposure to this stock via the oppies after they list and enjoy the leverage if the heads move up.
 
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Currently unlisted public company.

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