CFR 0.00% 0.6¢ cluff resources pacific nl

option expiry notice

  1. 742 Posts.
    The waiver has been granted on the basis that the likelihood of Option holders exercising their Options,
    based on current ordinary share price levels, appears too remote to justify the cost of sending expiry
    notices. However, if a substantial increase in the trading price of Cluff ordinary securities occurs before 30
    November 2008 (specifically, if the share price exceeds 1.85 cents per share), then the ASX requires that
    the Company must still send the Option expiry notice to Option holder.
    so do the option still expiry on 30 nov.
 
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