ADE 0.00% 19.5¢ adelaide energy limited

Adelaide Energy granting Beach 75 million unlisted options, at...

  1. 2,656 Posts.
    Adelaide Energy granting Beach 75 million unlisted options, at an exercise price of 40 cents, exercisable by 30 June 2016

    can some1 explain to me what the above means and does that 40cnt price really mean much?
 
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Currently unlisted public company.

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