Question SPO

[tech/a]

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

 

[Craton]

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?

 

[Country Lad]

@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."

 

[tech/a]

Thanks CL that looks lIke it
thanks appreciated.