option price upon listing?, page-2

Here you go Elite ...

http://www.asx.com.au/asxpdf/20130320/pdf/42dstgfh7s2j79.pdf

In part ...

As mentioned in the Amendment to Consolidation Ratio Announcement (20 March 2013) the company will put a revised Resolution 13 to seek shareholder approval for a consolidation of its share capital on a 5:1 basis (instead of 25:1). The amended resolution will be considered by shareholders at the upcoming General Meeting. As The Offer is proposed to be conducted on a post consolidation basis, if the 5:1 consolidation is approved, this will have a number of changes to the proposed offer terms:

• New Options will be issued at an issue price of $0.004 per New Option;
• New Options will be exercisable at $0.06 per New Option on or before 5:00 pm on 30 April
2017; and
• The Offer will raise approximately $419K before costs.