CMX 0.00% 3.7¢ chemx materials limited

re: merger with oceana gold plushtek NO...................im...

  1. 2,239 Posts.
    re: merger with oceana gold plushtek NO...................im lost!
    i have no idea if u'd have to pay for the options at expirery or not?
    eg. in 30 months time lets just assume OGD shares where $1.00 and the merge has taken place...
    now u need to exercise the options because 29 months has expired, so do you

    1. have to pay $0.925 to recieve the $1.00 OGD shares.

    or

    2. exercise your options at no cost because they where given to you in the CMX/OGD merge, to recieve your $1.00 OGD shares.

    ????????????????? anybody/somebody/everybody
    cheers PC
 
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