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hi everyone

I purchased some Lincoln Mineral Shares a couple of weeks ago and after taking a look at the prospectus I found this:

At this stage, an issue of 1 free Option for
every 2 Shares held by Shareholders on the
register is intended to be made some three
months after Listing on ASX. The Options
will be exercisable at 30 cents each and will
expire 3 years from the date of issue.

I bought 10,000 shares and Lincoln opened on the stock market on the 9th of March.

Does this mean that on the 9th of June (3 months after opening) I will receive an additional 5,000 shares which I will be able to sell at any price over 30 cents?

[QUOTE="shares, post: 142099, member: 7683"] hi everyone I purchased some Lincoln Mineral Shares a couple of weeks ago and after taking a look at the prospectus I found this: At this stage, an issue of 1 free Option for every 2 Shares held by Shareholders on the register is intended to be made some three months after Listing on ASX. The Options will be exercisable at 30 cents each and will expire 3 years from the date of issue. I bought 10,000 shares and Lincoln opened on the stock market on the 9th of March. Does this mean that on the 9th of June (3 months after opening) I will receive an additional 5,000 shares which I will be able to sell at any price over 30 cents? [/QUOTE]

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