Forum Archive Index - February 2000
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[sharechat] How to exercise option in ITC
I called my brokerage company and they told me I can not exercise option
before the date (27/10/00).
But of course I did not trust them and make my investigation further.
Results are:
1. Never trust your broker
2. Send letter to company secretary.
3. Supply in letter :
Computershare holder number and quantity of option you wish to exercise.
Money cheque made to Company for # of options x 17.5c
Just wait a few days and you are the winner by buying
options at good discounted rate!
Note will be posted to you from share registry office.
Tip:
Do not try it with an AQLOA you will be a looser.
Happy investing / trading
Derek
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