Question SPO

• 14 July 2021

• #1

tech/a

No Ordinary Duck

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I note I now have 1800 GWR .SPO
are these options?
I have a small holding of GWR but have never seen these
before.
What are they and what can I do with them
they don’t have a value .

thanks

 

• 14 July 2021

• #2

Craton

Mostly passive, contrarian.

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That's a new one, I'd be interested to know too. Can only offer:
Typo?
Share Purchase Option?

Straw clutching here:
Secondary Public Offering?
Security Payment Orders aka Mark to Market?

Have these come about due to the recent spin-off?

 

• 14 July 2021

• #3

Country Lad

Off into the sunset

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@tech/a, check your entitlement to the gold spin-off. WGR will list in a week or so.

"GWR shareholders who are registered on the record date (9th July 2021) will be eligible to receive part of the planned in-specie distribution of 36,125,000 shares in Western Gold Resources Ltd being approximately 1 WGR share for every 8.38 GWR shares held."

 

• 14 July 2021

• #4

tech/a

No Ordinary Duck

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Thanks CL that looks lIke it
thanks appreciated.