Model portfolios: Ramelius Resources entitlement offer

Key Points RMS has launched a 1:4 entitlement offer at a slight discount to the current share price We’re also entitled to 1 free option for each 2 shares we subscribe for Taking up offer unless the share price plummets    In options. If we take up the shares, Ramelius will also grant us 1,875 options to acquire more RMS shares at 12 cents each (to be exercised by 1 August 2015). The options are to be listed on the ASX. Of course, the options can’t actually be ‘free’. Someone has to pay for them, and that ‘someone’ is the...

In options. If we take up the shares, Ramelius will also grant us 1,875 options to acquire more RMS shares at 12 cents each (to be exercised by 1 August 2015). The options are to be listed on the ASX.

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